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Pensions Dashboard Programme calls for input into ecosystem

UK Financial Conduct Authority To Require Pension Providers To Offer To Book Pension Wise Appointments For Consumers

UK Financial Conduct Authority To Require Pension Providers To Offer To Book Pension Wise Appointments For Consumers Date 04/05/2021 The Financial Conduct Authority (FCA) has today proposed new rules to require pension providers to ‘nudge’ consumers to Pension Wise in order to benefit from guidance before they access their defined contribution pension savings. This includes booking an appointment with Pension Wise if the consumer wishes. Currently, pension providers are required to signpost consumers to Pension Wise guidance and encourage them to seek appropriate pension guidance or advice to help them understand their options. However, take up of Pension Wise guidance remains low.

Budding adviser launches financial coaching service for ethnic minorities

Budding adviser launches financial coaching service for ethnic minorities Content by subject Professional Adviser hosts must-attend events for the financial adviser sector. The success and reach of the brand has enabled us to deliver a series of market-leading events, including our popular breakfast briefings, awards and conferences. Download and use the apps Access your subscription from outside of the office Get relevant news and insight straight to your inbox During Covid-19 pandemic Jordan Maxwell: I want Wealthie to be that pre-advice state, where you can talk about money in an environment with someone who looks and sounds like you. The coronavirus lockdown meant Jordan Maxwell could not get his relevant qualifications to become a financial adviser. However, after discovering financial coaching, Maxwell launched his own service for ethnic minorities and, in this article, tells Professional Adviser s Sophie King all about it.

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