Considered prescribing how firms should support ‘vulnerable consumers’
Continued appetite and momentum in M&A space
Firms could generate up to £499 in revenue per customer
FCA urges firms to treat all recipients of targeted support as retail customers
Targeted support costs allocated to LDII funding class
Simplified advice engagement to come end of this year
Increases risk of poor financial decisions, report states
Chaired by Model Office’s Chris Davies
‘I wanted to have my own success’