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‘I couldn’t define it’: We quizzed City workers on guidance vs advice

We took a camera to the streets to ask City workers whether they understand the difference between financial advice and financial guidance. The results speak for themselves.

City workers are not that hot on knowing the difference between financial advice and guidance.

Well, that seems to be the conclusion from this second episode of our Summer vox pops series at least.

A few weeks ago I took our friendly camera man Elliot out on the streets of The City of London to ask exactly this question of City workers. 

You can view the latest episode in full above. Episode one is available here

 

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FCA spends further £5 million on senior managers regime

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The Financial Conduct Authority (FCA) has drawn down a further £5.2 million for its work on the Senior Managers and Certification Regime (SM&CR) until March 2019.

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