At the same time, however, the cautious attitude on the part of firms and households has been dissipating slowly but steadily on the back of the economic expansion and tight labor market conditions over the past few years.
In addition, unsophisticated consumers will have three additional protections:  a)  The right to receive suitable advice;  b)  Protection from conflicts of interest of advisors;  c)  Access to the redress agency for redress of grievances. 8. The regulator will be given an enumerated set of powers through which it must implement these protections.