The Financial Conduct Authority’s (FCA) targeted support proposals could benefit 21.5 million people in the UK, Royal London has found.
Royal London modelling showed targeted support could benefit 21.5 million people. The provider participated in the FCA's trial on targeted support and said it demonstrated that targeted support "helped customers feel more confident when making financial decisions". Royal London confirmed it will be providing a targeted support service, which it said will "centre on saving for the future and helping people to retire well, building upon the retirement planning and coaching services it offers today". The provider's research showed that, when people receive financial advice, they view...
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