Financial advice market shake-up

Press Association
Updated
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Del Boy

Andy Butterton/PA Archive/Press Association Images

A landmark shake-up of the financial advice market takes effect next week, forcing advisers to spell out their costs to customers and reducing the risk of mis-selling.

The changes will put an end to financial advice which has appeared to be "free" because advisers have previously taken a cut of the sum being invested by the customer, which has been handed over by the company providing the product.
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