Editor's view: Financial futures powered by Deliveroo

The editor's Friday Night Takeaway from 4 July

Jen Frost
clock • 3 min read

The Financial Conduct Authority (FCA) this week unveiled its long-awaited targeted support plans.

Hailed by the regulator as a "once-in-a-generation" event for advice, it is hoped that as many as 30.6 million consumers could receive targeted support. Financial planners have repeatedly heard that they should have little to nothing to fear from the initiative. Nevertheless, as The Lang Cat research published last week found, some are still hesitant on what the change could mean for them. In its consultation paper, the FCA highlighted the 12.5 million consumers who are undersaving for retirement and the seven million who hold £10,000 or more in investible assets held solely in cash. ...

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