All advisers could be included on Money Advice Service directory

Laura Miller
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All regulated financial advisers could be included on a new directory being set up by the Money Advice Service (MAS) after the industry and consumers gave the green light to the project.

Plans for the directory had initially been limited to retirement advisers, to coincide with the roll out of government reforms that mean all those approaching retirement will have access to financial guidance from April 2015. But following an industry-wide consultation, now an independent panel will rule on whether the directory should contain details only of retirement specialists, or be opened up to include all advisers, and under what criteria. The panel will also be asked to agree on how fees and charges can best be incorporated into the directory, so that consumers can compare th...

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