Harriett Baldwin tables 'personalised guidance' amendment

If the amendment passes it would allow guidance to be given to savers and investors appropriate to their personal circumstances. The guidance would not be considered regulated advice as long as the firm did not recommend a specific product or course of action. AJ Bell said if accepted, the amendment could give firms the confidence to offer people who choose not to take advice - or cannot afford advice - more tailored guidance without fear of straying over the advice/guidance boundary. AJ Bell head of retirement policy Tom Selby said: "While in an ideal world everyone would get regulat...