Quote: " Levy said she wanted these institutions to use the information they held to advise consumers as there would never be enough financial advisers."

If this is sound logical analysis, may I please propose that because we have a shortage of doctors and nurses in the rural areas, that we allow pharmacists, relatives, bank managers ,neighbours, or others who have information that they hold to advise clients as there never will be enough doctors, nurses!
This is an absurd proposition on both accounts.
I see only further conflict here because this politician does not have the intellectual and logical acuity to propose a solution that actually addresses the critical issue.