FAMR

Review delayed two years

Process too complex

Opinions sought on wording, costs, benefits and risks

Worries FAMR may hamper suitability of advice

"I am not worried about the tax, it is not like it was my money in the first place. I will pay the tax and then buy a flat in Tenerife, which will keep me going for my retirement".

'Low consumer awareness'

Report is a tacit admission of 'RDR failure'

FAMR recommends limited early access

FCA announced review last August

FSCS funding unpredictable