Targeted Support
The government and the Financial Conduct Authority (FCA) are taking forward a proposal for a transformational new regime – targeted support – to improve the availability and affordability of help with financial decision-making.
Documents
Details
To enable the implementation of targeted support, the government has published a policy note setting out proposed changes to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001.
The government welcomes comments on the draft statutory instrument by 29 August 2025.
Stakeholders are also encouraged to respond to the FCA’s consultation on the draft rules for targeted support by 29 August 2025.
Detail of outcome
The government has now published its consultation response, summarising the feedback received and setting out its final position on proposed legislative changes to enable the implementation of targeted support.
Respondents were generally supportive of this approach and welcomed the introduction of targeted support. The government will now proceed to lay the draft statutory instrument (The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2026, as soon as Parliamentary time allows.
Updates to this page
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The government will introduce legislation to enable the implementation of targeted support. It will lay the statutory instrument - The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2026 - as soon as Parliamentary time allows. The government’s full consultation response is now available on the GOV.UK targeted support landing page.
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First published.