Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Harriett Baldwin Excerpts
Tuesday 5th September 2023

(1 year, 3 months ago)

Commons Chamber
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Lindsay Hoyle Portrait Mr Speaker
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I call the Chair of the Treasury Committee.

Harriett Baldwin Portrait Harriett Baldwin (West Worcestershire) (Con)
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Will the Economic Secretary update the House on the progress he is making to enable our constituents to access personalised financial guidance if they are among the 93% of our constituents who cannot afford regulated financial advice?

Andrew Griffith Portrait Andrew Griffith
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My hon. Friend, the Chair of the Treasury Committee, makes a really important point about what is called the advice gap. Treasury officials, the FCA and I are consulting on that, and I will publish an update this autumn.