Greater support for people’s financial decisions, under regulator and government proposals

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Summary:

The Financial Conduct Authority (FCA) and the UK Government have launched proposals to help more people access advice or support to manage their finances. The proposals aim to bridge the "advice gap"" by providing more affordable and accessible options for consumers to make informed investment and pensions decisions. Three potential options are being considered: 1) clarifying when firms can provide support without giving regulated financial advice