Why wait for targeted support? Industry can build client confidence now

'The power of compound interest should not be underestimated'

clock • 3 min read

Targeted support may help people make more informed investment and pension decisions - but we don't need to wait until its official rollout, argues Andrew Tully

In its latest update on its Advice Guidance Boundary Review, the Financial Conduct Authority (FCA) has confirmed it will move ahead with a consultation in December to determine how targeted support will work for pension savers. The aim is for people to gain a greater understanding of what actions people like them are taking. Our recent 2024 Retirement Confidence Index also highlights that many people need greater support. Respondents who are confident about retirement often have good pension provision, investments and savings as well as other sources of income. These have often res...

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