GBP80m National Generic Financial Advice System

Published / Last Updated on 17/12/2007

Financial Inclusion

The interim report of Otto Thoresen’s government sponsored review into generic financial advice has been widely greeted across the industry.  Thoresen suggests that the cost of between £40m and £80m a year should be shared between the industry and the government.  

Our view

We have always suggested that a web based delivery system for generic financial advice such as could offer consistent, generic financial information online for all.  Watch this space.

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