Redrawing the blurred boundary between guidance and advice

Does the goal line between guidance and advice need rethinking to help members?

clock • 9 min read
The boundary between advice and guidance is blurred
Image:

The boundary between advice and guidance is blurred

Stephanie Hawthorne reports on the state of play of an Financial Conduct Authority (FCA)/HM Treasury review and looks at views on the boundary between guidance and advice from around the industry.

In the UK, there was a time when retirement took care of itself. It was normal to work, retire and then receive the state pension and a final salary pension. "That normality simply doesn't exist fo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

TPR pledges to cut master trust capital requirements and create innovation 'hub'

TPR pledges to cut master trust capital requirements and create innovation 'hub'

Regulator also looking to reduce regulatory burden and ask for asset allocation info

Jonathan Stapleton
clock 17 March 2025 • 2 min read
Legal interpretation argues trustees can take broader view of fiduciary duty

Legal interpretation argues trustees can take broader view of fiduciary duty

Eversheds Sutherlands and NatWest Cushon say it is ‘reasonable’ for trustees to take cost of living factors into account

Jonathan Stapleton
clock 06 March 2025 • 3 min read
FCA private markets review raises valuation concerns

FCA private markets review raises valuation concerns

Regulator calls for improvements across several areas in process

Laura Miller
clock 05 March 2025 • 4 min read
Trustpilot