The new regime, dubbed "targeted support", will allow advisers to guide consumers on whether and how to invest or save for pensions, without carrying out detailed, individual assessments. The changes form part of a broader package of reforms by the Financial Conduct Authority aimed at boosting retail investment in shares and bonds. The regulator has tweaked earlier proposals following feedback, reducing the burden on firms for ongoing monitoring to reflect the one-off nature of targeted support. It has also dropped a requirement for firms to ensure consumers understand how they charge for the service.