City watchdog takes on advice gap to unlock growth Investing The Financial Conduct Authority (FCA) has launched a new form of financial help dubbed ‘targeted support’ in a bid to encourage greater consumer participation in financial markets and unlock more investment-led growth. The City regulator will target consumers with common financial characteristics, such as unsustainable pension drawdown, inadequate retirement savings and excess cash not being [...]
Financial exclusion is a barrier to sustainable growth Opinion Britain has a two-track financial system, with world-beating services for some and a poverty premium for others, says Charles Randell With a week to go until the Budget, what measures does the Financial Inclusion Commission – a cross-party group of financial experts from business, politics and the charity sector – advise the Chancellor to take [...]
UK confidence in financial inclusion plummets despite strengthening economy Money People in the UK are feeling significantly less financially included than they used to be, Morning Wire can reveal, as the pressure of the cost of living crisis continues to weigh on the public . The proportion of people who say they feel financially included in the UK has dropped to only 56 per cent [...]