"Breaking Down Investment Barriers: New City Rules Offer Free Expert Advice to Britons. Many UK residents have long felt intimidated by the complexities of investing and managing their pensions, but a significant shift in the financial landscape is now underway. As of last month, certain banks and financial institutions have been granted permission to offer complimentary, regulated guidance to their customers on investments and pension products. This 'targeted support' service aims to empower individuals to make more informed decisions about their financial futures, potentially leading to higher returns and greater peace of mind. But how will this new service work, and what does it mean for those seeking to take control of their finances?"
‘Targeted support’ means certain banks and financial institutions can offer free extra help with investments and pensionsMany Britons are daunted by the world of investing, but new City rules mean certain banks and financial institutions can offer free extra help with investments and pensions.Last month marked the launch of “targeted support”, a new regulated service that permits companies to suggest investments and pension products to customers that might provide a better return. Continue reading...
