More can be done to empower financial advisers when it comes to government policy, according to Tatton Asset Management CEO, Paul Hogarth.
Ahead of this week’s upcoming Mansion House speech, Hogarth said Tatton welcomes the government’s focus on strengthening the long-term growth and competitiveness of financial markets.
He said the firm stands “ready to support” efforts to unlock investment in the UK.
Hogarth said simpler regulation and better support for advice delivery could empower financial advisers.
He said: “We hope to see Rachel Reeves deliver clear, market-led policies that encourage defined contribution pension schemes to invest in productive assets, while maintaining strong governance and delivering value for savers.
“We believe the policy environment can do more to empower independent financial advisers, who play a critical role in connecting savers with long-term investment opportunities.
“Streamlined regulation, better support for advice delivery, and simplification of tax wrappers – such as Isas and pensions – can help IFAs guide more clients toward more confident, informed investment decisions that support their retirement goals.”
Hogarth went on to say Tatton is “encouraged” by talk of Isa reform and measures to revive domestic capital markets.
He added: “Above all, our industry seeks a stable, forward-looking regulatory framework that reinforces the UK’s position as a global hub for investment.
“We look forward to working constructively with the government to deliver sustainable growth and technological innovation, support financial resilience, and enhance long-term outcomes for millions of investors and pensioners across the country.”
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