In today’s Queen’s Speech, Prince Charles announced that the government would bring in new legislation to strengthen the UK’s financial services industry. You can find details of the announcement here.
Anne Fairweather, Head of Government Affairs & Public Policy at Hargreaves Lansdown:
“As the Government looks to right size financial services legislation for the UK post Brexit in the Financial Services Bill, Hargreaves Lansdown are calling for a better settlement for retail investors. From better access to IPOs to harnessing the opportunities of innovative technologies to allow firms to use data to better guide clients, this is an opportunity to update our rules for future. We welcome the focus on tackling scams and believe that clients will be better protected with more personalised relevant guidance from firms they know and trust.”
