Regulation

Regulator proposes to raise minimum and flat fees by 1%

Changes offer an opportunity for more ‘meaningful’ advice

Three core focus areas

Regulator pushes for ‘periodic’ assessments instead

Follows targeted support work

Regulator realises attacks are becoming ‘more frequent and more sophisticated’

New ten-year limit for bringing complaints

Regulator sets out key priorities amid significant industry transformation

Not expected to have ‘material’ impact on PII market but creates more risk

Responses to consultation on VfM framework for DC schemes