Firms can now apply for permission to provide targeted support
Consumer Duty ‘will do a lot of the work for us’
FOI findings come as regulators ramp up online crackdown
‘We’re stuck in a frustrating in-between stage’
Could ‘undermine’ the aims of targeted support
Regulator plans to open application gateway for firms in March
Including requirement for firms to report complaints involving vulnerable clients
Advisers report ‘widespread and sometimes extreme delays’
Aiming to reduce costs and improve quality of data