UK financial sector sees draft law to ease provision of investment advice
( July 15, 2025, 10:27 GMT | Official Statement) -- MLex Summary: The UK finance ministry has published a draft law — open to feedback until Aug. 29 — to enable the Financial Conduct Authority's "targeted support" regime, which will allow for simplified advice on investment and pensions to consumers who have similar characteristics. "Many people are not saving enough for retirement and need more support to prepare for the important and complex decisions they need to make at retirement," the ministry said in a policy note.Policy note and draft legislation are attached....
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