Insurance could be used as the government closes other loopholes

FCA research shows

FCA to explore simplified regimes to close the gap

1,000 advisers expected over the next three years

Three quarters of advised adults use an IFA from a financial advice firm

A revised scheme will apply from 1 November 2023

Majority of IFAs think it has been ‘unclear, unresponsive and unhelpful’

Financial services providers can make a ‘huge difference’