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The Independent UK
The Independent UK
Business
Vicky Shaw

Millions of people set to get more support with their pensions under new plans

Less than one in 10 (9%) adults have taken full regulated advice in the past 12 months, according to the research - (PA Archive)

Millions of people could get more support to manage their money under new proposals set out by the City regulator.

The Financial Conduct Authority (FCA) aims to address the gap between bespoke financial advice, where people receive a personal recommendation to make the most of their money, and guidance, where people have free access to factual information about money from sources such as firms and the Government-backed MoneyHelper service.

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