What will simplified advice mean for the profession?
The FCA has set out proposals for simplified advice to make it cheaper and easier for firms to advise consumers about certain mainstream investments within stocks and shares Isas.But will these proposals work, and which firms are likely to offer simplified advice?This week FTAdviser news editor Amy Austin is joined by Prakash Chandramohan, strategic policy director at Tisa, Heather Hopkins, managing director of NextWealth, and Chet Velani, managing director of EV, to find out.They discuss whether simplified advice will simply allow banks to push their Isa products, whether it is worthwhile…
The skinny
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