Targeted support is a one-off service and does not involve ongoing suitability assessments
'We can all help turn uncertainty into confidence, and savers into stakeholders'
'Mind the gap, and turn targeted support into enduring financial confidence'
Hailed as 'step in the right direction'
‘Market practice has moved on from when we made the rules’
Part of a fleet of regulatory updates published this week
Move would help consumers compare ‘more easily’
‘It shouldn’t be possible for responsibility to slip between the cracks’
Must be adopted in a safe, responsible, and compliant way.
Behavioural, financial and demographic differences must be factored in