New guidance on providing support with financial matters The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) have published a new version of the ‘Guide for employers and trustees on providing support with financial matters without needing to be subject to FCA regulation’, which was last produced in 2017. The FCA recently consulted on a draft version of the updated guidance, and the final version has been published together with new FCA guidance on DB transfer advice. The guidance includes some new content, including a new section on DB benefits. The guidance notes that employers and trustees are not generally in the business of arranging transactions or giving regulated advice and do not normally receive any commercial benefit for providing information or assistance with pensions or other financial matters, meaning that in most cases they should be able to assist without requiring FCA authorisation. The guidance is drafted to focus on actions that do not involve arranging or advising, as the FCA considers that this is the best way of ensuring that trustees and employers are not considered to be in the business of arranging transactions or providing regulated advice.