The Financial Services Authority (FSA) has issued a guide designed to help consumers understand forthcoming changes to financial advice services.
Part of the FSA's initiative to improve service within the financial advice sector, the guide offers information on matters such as advice costs, the difference between independent and restricted advice and explains how consumers can benefit from the higher level of professional advice.
Advisers will have to adhere to the new and improved standards outlined by the FSA with effect from 31 December 2012.
The guide is available across the UK at local branches of the Citizens Advice Bureau. Further information on the changes can also be obtained by visiting the FSA Website.
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