'Slow start' expected for targeted support as rules go live

Royal London one of the first to get FCA approval

clock • 2 min read
'Slow start' expected for targeted support as rules go live

The Financial Conduct Authority’s (FCA’s) targeted support framework took effect yesterday (6 April) but advisers warn there could be a “slow start”.

The new framework allows firms to make suggestions to groups of consumers with common characteristics, aiming to help reduce the advice gap. Following a consultation, the authorisation gateway f...

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