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FCA Opens Consultation to Boost Retail Investing With Simpler Disclosures and Clearer Investor Categories

The consultation outlines rule changes supporting Budget moves to shift savings into shares, with proposals open for industry and consumer input.

Overview

  • The regulator proposes replacing rigid disclosure templates to let firms present clearer, jargon‑free information under the Consumer Duty.
  • A new route would allow individuals with at least £10 million in assets to opt out of retail protections, with the FCA stressing a high threshold for professional status.
  • Plans include more tailored risk warnings and scope to highlight potential returns, alongside curbs on harmful platform gamification such as leaderboards and push alerts.
  • The measures are framed as a way to help consumers take informed risks and to expand access to a wider range of investment products for experienced clients.
  • The push complements recent government steps that cut the cash ISA allowance and introduced a three‑year stamp duty holiday for shares in new UK listings.