As the Artemis II crew were circling the moon, the Financial Conduct Authority (FCA) was itself involved in a launch event this week.
Targeted support has lift off, though it wasn't a particularly thunderous introduction. That's not entirely unexpected. We were always likely to see targeted support get off to a slow start, commentators noted this week. That's borne through, with just two firms – Royal London and Quilter – holding targeted support permissions as of Tuesday this week, one day after the framework's 6 April start. As discussed on Professional Adviser TV, it could be some time before mid-sized advice firms jump on board. With the regulator estimating that 96 businesses will eventually get invol...
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