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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Ian Cornelius – Strengthen Pension Schemes Bill to further unlock innovation and UK growth

Ian Cornelius – Strengthen Pension Schemes Bill to further unlock innovation and UK growth

Nest chief executive says tweaking the PSB could turn it into an ‘engine for investment’

Ian Cornelius
clock 04 September 2025 • 4 min read
Virgin Media amendments to the Pension Schemes Bill announced

Virgin Media amendments to the Pension Schemes Bill announced

Industry welcomes changes but says they will ‘not be a silver bullet in all cases’

Jonathan Stapleton
clock 02 September 2025 • 1 min read
SPP: Consolidation, adequacy and inclusion - the emerging pillars of UK pensions reform

SPP: Consolidation, adequacy and inclusion - the emerging pillars of UK pensions reform

Steven Hull looks at the ‘unprecedented wave of reform’ facing the industry

Steven Hull
clock 01 September 2025 • 3 min read
Trustpilot