Related topic: targeted support

The FCA has set out the “near final rules” for the targeted support framework, with firms able to submit applications in March 2026.

As targeted support is a one-off service, it does not involve ongoing suitability assessments. 

The main barrier currently stopping 1 in 3 people accessing financial advice is cost, the research shows.

TISA is calling for a legislative fix to PECR and clarification of FCA rules.

Over three quarters of advisers are looking to increase their assets under advice, however only a tenth have a clearly defined strategy to do so.