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Inflation on the rise, FTSE hits 9,000, and the Chancellor announces sweeping reforms to financial services

AJ Bell Money & Markets

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Proposed Reforms in Financial Guidance and Consumer Support

This chapter explores proposed reforms in financial services aimed at enhancing consumer guidance for investment options, particularly for those with low-interest accounts. The discussion highlights the challenges of implementing these reforms while remaining non-regulatory and addresses skepticism about banks' willingness to prioritize customer benefits over profit.

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