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Advice guidance boundary review cost set to top £5.6m
The Financial Conduct Authority is expecting to have spent over £5.5m on its advice guidance boundary review by April 2026.
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FCA sets out plans to allow firms to offer ‘targeted support’
The FCA has today published its proposals on ‘targeted support’ which would allow firms to make financial guidance suggestions to groups of consumers with 'common characteristics'.
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Annuity rates surge above 7.7%
Annuity rates have reached 7.72% for a healthy 65-year-old, up 64% since July 2020 when rates stood at just 4.71%.
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Pension transfer values fall to a new low
Pension transfer value fell to a new month-end low in May, the third consecutive monthly record.
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AJ Bell launches revamped Touch platform
Platform and SIPP provider A J Bell has launched a new streamlined platform which the firm claims will help financial advisers implement investment advice for clients more quickly and securely.
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