The Financial Conduct Authority’s (FCA) targeted support framework is set to take effect from April 2026 with at least 18 million people estimated to access the service within a decade.
In June this year, the FCA unveiled its findings on its targeted support proposals first announced as part of its advice/guidance boundary in December 2023 and then launched a further consultation in September which has now closed. Following the consultation, the regulator today (11 December) confirmed that it will be going ahead with its proposals set to take effect from April 2026, following necessary legislative changes. The FCA plans to open the application gateway for firms in March 2026, allowing them to seek permission to provide targeted support. The regulator set out t...
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