Redrawing the blurred boundary between guidance and advice

Does the goal line between guidance and advice need rethinking to help members?

clock • 9 min read
The boundary between advice and guidance is blurred
Image:

The boundary between advice and guidance is blurred

Stephanie Hawthorne reports on the state of play of an Financial Conduct Authority (FCA)/HM Treasury review and looks at views on the boundary between guidance and advice from around the industry.

In the UK, there was a time when retirement took care of itself. It was normal to work, retire and then receive the state pension and a final salary pension. "That normality simply doesn't exist fo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Pension freedoms have delivered flexibility in the last ten years, but 'at a cost'

Pension freedoms have delivered flexibility in the last ten years, but 'at a cost'

AKG paper says consumers value choice but are aware of risk of running out of funds

Jasmine Urquhart
clock 11 June 2025 • 2 min read
Pension scheme reform: The key announcements

Pension scheme reform: The key announcements

PP summarises yesterday’s key government pension announcements

Jonathan Stapleton
clock 06 June 2025 • 2 min read
No final regime for surplus flexibilities until 2027 but minister says schemes can begin work now

No final regime for surplus flexibilities until 2027 but minister says schemes can begin work now

Torsten Bell talks about the government’s package of pension reform

Jonathan Stapleton
clock 05 June 2025 • 3 min read
Trustpilot