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The Independent UK

Business

Vicky Shaw

‘Game changing’ support set to help millions navigate their financial lives

FCA Jane Wilson Scottish Widows KPMG KPMG UK

Chira Barua, chief executive of Scottish Widows, said technology will be key to making targeted support available ‘at scale’ (Dominic Lipinski/PA) - (PA Archive)

Millions of people are set to receive “game changing” support to help them navigate their financial lives.

From April 6, some firms can offer targeted support to help people make better-informed decisions about what to do with their money, based on what they would recommend to those in similar circumstances.

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