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The introduction of the 'Consumer Duty' regulations has prompted a seismic shift in the financial advice industry. While the focus on 'value for money' is commendable, it has led many firms to reconsider their client portfolios, sometimes resulting in the difficult decision to sever ties with certain clients. This article aims to offer alternative strategies for financial advice firms grappling with this complex issue.
So important that everyone should access to financial advice. It should start in schools