The Financial Conduct Authority’s (FCA) communication around targeted support is expected to “ramp up” as further guidance is released, Scottish Widows business development manager Matthew Sanderson tells Professional Adviser.
The regulator is expected to share a consultation paper with proposed rules for its advice/guidance boundary review (AGBR) this month, and the industry is waiting for what the concrete guidelines are. In April, the FCA confirmed that it would invest £3.7m into its AGBR for 2025/26. This came after it consulted on high-level proposals aimed at providing targeted support for pension savers last December. "I would assume that when the findings and guidance is produced by the government and the FCA, hopefully in the next month or two, then the communications will be ramped up when the gui...
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