TISA responds to Financial Advice Market Review
Responding to the Financial Advice Market Review announced by HM Treasury, David Dalton-Brown Director General at TISA said:
“We are pleased to see that as well as examining the advice gap the review will also focus on how to overcome any regulatory barriers firms may face in giving advice and in being innovative, particularly in the use of new technologies. These are themes that TISA Policy Councils and The Savings & Investments Policy project (TSIP) have already identified and are currently developing proposals on to meet the best interests of consumers and the industry. We are therefore well placed to input into the review and look forward to doing so.”
Ends….
Issued on behalf of TISA by Newgate Communications, for further information please contact:Alistair Kellie – Telephone: 020 7680 6558 / Email alistair.kellie@newgatecomms.com
Notes for Editors
TISA is a not-for-profit membership association operating within the financial services industry. We represent the interests of over 147 member firms involved in the supply and distribution of savings and investment products and services.
TISA has a highly successful track record in working cooperatively with government, regulators, HMT, DWP and HMRC to improve the performance of the industry and the outcomes for consumers. Policy and regulation continues to be the major focus for our members with regard to corporate responsibility.
TISA and its members’ remit is evolving into a clearer focus on pro-active consultation in the regulatory world in order to influence policy and associated regulation before its creation, rather than reacting to issued policy directives. This will help to ensure a more considered policy creation from the authorities.