FCA: CP26/10: Simplifying pensions and investment advice rules

FCA has published a consultation paper CP26/10 on simplifying rules relating providing pensions and investment advice for retail consumers. CP26/10 also includes discussion chapters inviting initial feedback on trail commission payable to advisers and commission for non-advised distribution, and the suitability requirements that should apply to advice provided to professional clients. FCA plans to publish a policy statement in Q4 2026. Responses are required by 22 May 2026.