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Plain English definition

of

Regulated financial advice

from

Think Local Act Personal (TLAP) Jargon Buster

Source

https://www.thinklocalactpersonal.org.uk/Browse/Informationandadvice/CareandSupportJargonBuster/#Regulated%20financial%20advice

Financial advice that is provided by an organisation that has to follow the rules set by the Financial Conduct Authority, to help you plan for the future. Councils have legal duty to help you find advice that is independent from the council on things like funding for care home fees. It is likely that you will have to pay for this type of advice.

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