Millions of people to get 'targeted support' to help them with their finances

Millions of people to get 'targeted support' to help them with their financesBanks, pension providers, and other authorised financial firms can now provide 'ready-made' suggestions for certain groups of consumers with similar characteristicsMoneyLevi Winchester Money Editor14:51, 07 Apr 2026Updated 14:52, 07 Apr 2026View ImageNew FCA targeted support rules come into force this week(Image: Getty Images/Radius Images)Millions of people will receive targeted support to help them make better-informed decisions about what to do with their money.‌Banks, pension providers, and other authorised financial firms can now provide “ready-made” suggestions for certain groups of consumers with similar characteristics, needs or circumstances.‌The help will be broader by nature, rather than offering in-depth individual assessments, to help people know what options they have available.‌The idea is that targeted support will help bridge the gap between general guidance and individual advice.The Financial Conduct Authority (FCA) estimates at least 18 million people could be offered extra help with their investments and pensions over the next decade.Get the best deals and tips from Mirror MoneyWHATSAPP GROUP: Get money news and top deals straight to your phone by joining our Money WhatsApp group here. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don’t like our community, you can check out any time you like. If you’re curious, you can read our Privacy Notice.NEWSLETTER: Or sign up to the Mirror's Money newsletter here for all the best advice and shopping deals straight to your inbox.‌According to FCA data, around seven million adults in the UK with £10,000 or more in cash savings could be missing out on the benefits of investing throughout their lives.Lucy Castledine, director of consumer investments at the FCA, said: “Too many people aren’t getting the help they need to navigate their financial l...