HSBC to roll out targeted support later this year

HSBC head of digital wealth and platforms Emma Tilt told Professional Adviser, the bank felt it was "super important" to look into targeted support and "believe[s] in the regulation". "Targeted support is a great new piece of regulation that will really help trying to get more of the general UK population invested," Tilt said. According to Tilt, HSBC applied for its PASS and has been having many conversations with the regulator as it has been forming its proposition. The proposition itself is "relatively simple", offering support for investing. It will focus on "building custome...