UK regulators seek to break out of the aging trap and encourage savers to take on more risks.

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Jin10 data reported on March 24 that the UK financial regulator will encourage retail investors to take on more risks with their savings to address the challenges of an aging population. This is a key part of the new five-year strategy that the agency will announce this week. The chairman of the Financial Conduct Authority (FCA), Charles Randell, stated that the new strategy focuses on helping consumers achieve higher returns from their savings and enhancing trust in financial markets by combating fraud. The government is considering adjusting the regulations on tax-free cash savings accounts to encourage people to shift more funds into higher-yield investments such as stocks and bonds. "One issue we are very focused on in developing the strategy is the demographic challenge. Preparing for the later life of the public is an important part of this."

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