“It’s critical that people know they’re paying a fair price and don’t feel frozen out of the market.” – Which? response to the Government announcement for a major review into the market for financial advice”

Which? executive director, Richard Lloyd, said: 

“For financial services to work well it’s absolutely vital that people get the affordable, impartial advice they need to make good choices with their money. So the Government’s review, which we warmly welcome, must be focused squarely on how to give consumers more power to make better financial decisions at all the important moments in their lives. The cost of advice can be complicated and varies widely, so it’s critical that people know they’re paying a fair price and don’t feel frozen out of the market. Given the recent pension reforms, it’s more important than ever that consumers get the right support.”

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