HM Treasury and the FCA have jointly called for input on issues that will be considered as part of the financial advice market review (FAMR), the aim of which is to consider how financial advice could work more effectively for consumers. The call for input seeks views on: (i) the financial needs that drive consumer demand for financial advice and how these might vary according to different consumer groups: (ii) the gaps between the levels of advice that are currently available and what consumes need from advice; (iii) options that could help to address advice gaps (i.e. situations where consumers cannot get the form of advice that they want on a need they have at a price they are prepared to pay), such as limiting certain liabilities, for example a longstop limitation period, and automated advice. The deadline for responses is 22 December 2015.