FCA CEO Nikhil Rathi has told a City audience today that an announcement on a new generation of targeted support and simplified advice was "imminent."

This is my final column for Financial Planning Today as I'm aiming to reduce my workload. With this in mind, Financial Planning Today editor Kevin O'Donnell asked me to do one final article so here it is.

The Consumer Duty Alliance (CDA), a not-for-profit body supporting the Consumer Duty changes, has today launched a new data forum to assess what a data-led regulator means for advisory firms.

One in four financial advisers believes that the FCA’s plans to introduce ‘targeted support’ to widen the availability of financial guidance to millions may have a negative impact, according to a major new survey.

Financial advisers should play a greater role in client wellbeing and offer more emotional, mental and general health support, a national IFA firm has recommended.

The pension sector has been warned that it needs to accurately define adequacy targets to ensure people avoid under-saving for their retirement.

Robert Hughes-Penney, investment director at Rathbones and CISI Chartered Fellow, has been elected as Sheriff of the City of London.

Wealth manager Quilter has reported a 200% year on year increase in the number of Lifestyle Trusts opened in 2024.

Manchester-based Pareto Financial Planning has seen a 30% increase in new business for the year ending 31 March.

Two thirds (65%) of complaints made by whistleblowers to the FCA last financial year included allegations related to compliance.