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FSA publishes guide to financial advice

FSA publishes guide to financial advice

Category: Money

Updated: 31/12/2012
First Published: 30/08/2012

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

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.

What Next?

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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