PMI welcomes finalised FCA targeted support regime

The Pensions Management Institute has welcomed the Financial Conduct Authority’s (FCA) finalised rules for its targeted support regime, and the launch of a consultation on adapting its requirements for a changing pensions market.  

Helen Forrest Hall, Chief Strategy Officer at the Pensions Management Institute, said:  

“The FCA’s finalised targeted support regime is a welcome step towards clearer, safer pension choices, while modernising digital tools and introducing a pause in non-advised transfers will help prevent costly mistakes and improve transparency. The PMI supports these measures and will engage fully in the FCA's consultation to ensure they work for savers and uphold high standards.”