Consumer protection and innovation
The FCA has issued 34 consultation papers this year
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’