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What do the FCA's simplified advice proposals mean?

Earlier this month the FCA published proposals aimed at widening access to financial advice. They included plans for "targeted support" and a new form of simplified advice.This week, in the final FT Adviser podcast of 2023, deputy editor Damian Fantato is joined by Rachel Vahey, head of public policy at AJ Bell, to discuss the proposals.They explore whether the proposals will advantage larger firms, what smaller firms should do if they want to take advantage and whether this could lead to the cost of advice going up.The FT Adviser Podcast is the podcast for financial advisers, brought to you…

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