As the Financial Conduct Authority’s (FCA) targeted support rules are now officially live, Goodmans Financial Planning managing director Andrew Moore and EV managing director Chet Velani join Professional Adviser news editor Isabel Baxter in the studio to talk about what it will look like in practice and how it differs from guidance and full advice…
The FCA's targeted support framework took effect on Monday this week (6 April). This episode of Professional Adviser TV explores where advisers can deploy targeted support safely to improve client outcomes without crossing the advice boundary and how it has been created by the regulator to combat the "inertia" seen in the mass market, as Valeni put it. From an adviser's perspective, Moore addressed the key challenges and opportunities targeted support creates for client relationships and business models, highlighting that it gives advisers a further touchpoint with potential clients. ...
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