Once-in-a-generation advice changes to help millions navigate their financial lives 30/06/2025

News Financial services Law & Policy Updates

Date: 30th Jun, 2025 Source: Financial Conduct Authority Country: United Kingdom Original Source

Brief

On 30/06/2025, the Financial Conduct Authority issued an update regarding Once-in-a-generation advice changes to help millions navigate their financial lives. The FCA proposes allowing firms to offer targeted support and suggestions to groups of consumers with common characteristics, addressing issues like unsustainable pension drawdowns and excess cash in current accounts.

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Financial Conduct Authority

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Once-in-a-generation advice changes to help millions navigate their financial lives 30/06/2025

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Once-in-a-generation advice changes to help millions navigate their financial lives 30/06/2025

Brief

Financial Conduct Authority

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