Targeted support authorisation gateway opened: FCA

Firms can now apply for permission to provide targeted support

Isabel Baxter
clock • 2 min read

Firms can now apply for permission to provide targeted support through the Financial Conduct Authority’s (FCA) authorisation gateway.

From 6 April 2026, banks, pension providers, or other financial firms that are authorised for targeted support can provide suggestions designed for groups of consumers with common characteristics. The FCA said that it wants authorised firms to be ready to offer the new service as soon as the rules take effect. The watchdog has urged firms wanting to provide targeted support to "be bold and provide support for their customers". Targeted support has been described by the FCA as a "once in a generation change that will help millions navigate their financial lives". The regulator no...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

FCA names Chris Knight as director of insurance

FCA names Chris Knight as director of insurance

Joins from Legal and General

Jaskeet Briah
clock 09 March 2026 • 1 min read
The COVER Review: Spring Statement 2026, provider claims and a new market study

The COVER Review: Spring Statement 2026, provider claims and a new market study

Week commencing 2 March 2026

COVER
clock 06 March 2026 • 1 min read
CMA launches market study into private dental services

CMA launches market study into private dental services

Examining fair value

Cameron Roberts
clock 05 March 2026 • 2 min read