FCA launches consultation on intergenerational differences

The Financial Conduct Authority (FCA) has launched a consultation paper entitled Intergenerational Differences, which is seeking views on a broad range of financial circumstances and needs across three generations: baby boomers, generation X and millennials. The FCA wants to know how far financial services providers operating in this space are currently meeting changing consumer needs from different age groups. To the extent that this is not happening, the watchdog said it "welcomes feedback on possible reasons why this is the case, and on what we could do to encourage the industry to do...