UK's FCA plans December consultation to make pension advice more accessible and affordable.

The Financial Conduct Authority (FCA) will launch a consultation in December on providing targeted support for pension savers, aiming to close the advice gap and make financial advice more accessible and affordable. The FCA will also engage with small advice firms in 2025 to evaluate their ability to offer simplified advice services. This move follows feedback on previous proposals and seeks to improve customer outcomes in retirement finances.

November 15, 2024
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