New Financial Guidance: Bridging the Advice Gap
Update: 2025-12-11
Description
New financial guidance initiative launched in the UK: The City regulator approves targeted help from registered banks and financial firms, set to begin in April. This move aims to bridge the gap between general financial information and personalized, paid advice, making investing more accessible. Firms can recommend investments and pensions based on similar groups actions, not individually tailored advice. The FCA believes this new regime will help millions make better financial decisions and build confidence in investing. This initiative is part of a broader government objective to encourage more people to invest, aiming to stimulate economic growth.
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