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News

Targeted Support: One-off firm costs could approach £69m

Regulation

Targeted Support: One-off firm costs could approach £69m

One firm estimated IT costs of £1m a year alone

clock 01 July 2025 • 3 min read
Targeted support: FCA shuns 'overly prescriptive' approach to vulnerability

Regulation

Targeted support: FCA shuns 'overly prescriptive' approach to vulnerability

Considered prescribing how firms should support ‘vulnerable consumers’

clock 30 June 2025 • 2 min read
Majority of UK wealth management sector eyes acquisitions this year

Your profession

Majority of UK wealth management sector eyes acquisitions this year

Continued appetite and momentum in M&A space

clock 30 June 2025 • 3 min read
FCA scraps standalone simplified advice regime

Regulation

FCA scraps standalone simplified advice regime

Regulator will look to amend existing rules

clock 30 June 2025 • 3 min read
Targeted support: 38,000 current advice users expected to switch

Regulation

Targeted support: 38,000 current advice users expected to switch

Firms could generate up to £499 in revenue per customer

clock 30 June 2025 • 4 min read
Targeted support: Firms warn direct marketing rules risk proactive delivery

Regulation

Targeted support: Firms warn direct marketing rules risk proactive delivery

FCA working with Information Commissioner’s Office on solutions

clock 30 June 2025 • 3 min read
Targeted support: An 'expedient way' to meet Consumer Duty cross-cutting obligations

Regulation

Targeted support: An 'expedient way' to meet Consumer Duty cross-cutting obligations

FCA urges firms to treat all recipients of targeted support as retail customers

clock 30 June 2025 • 2 min read
Targeted support: FCA seeks feedback on high-risk products

Regulation

Targeted support: FCA seeks feedback on high-risk products

Proposes to exclude products subject to marketing or distribution restrictions

clock 30 June 2025 • 3 min read
Targeted support: FCA rules out specific annuity suggestions

Income

Targeted support: FCA rules out specific annuity suggestions

Firms must signpost consumers to MoneyHelper’s annuities comparison tool

clock 30 June 2025 • 3 min read
Targeted support: Failures 'can still create FSCS exposure'

Regulation

Targeted support: Failures 'can still create FSCS exposure'

Targeted support costs allocated to LDII funding class

clock 30 June 2025 • 2 min read
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