Professional Adviser’s Consumer Duty Hub is your home for the latest news, analysis, and expert opinion on how The Financial Conduct Authority’s (FCA) Consumer Duty will impact advisers and their businesses.
This is where you can find all the updates on what to expect as each deadline approaches, and how you can best prepare your firm to align with the watchdog’s new rules.
Consumer Duty compliance data gaps
'Permanent, cultural shift within firms'
'There are still some firms that are treating Consumer Duty as a rigid one-off annual exercise'
'Regular reviews will still play an important role, but clients' lives do not follow a servicing calendar'
The bottom line for boards
Consumer Duty review found inconsistent governance and oversight
'Good quality annuity files tend to have one thing in common: robust fact‑finding'
Publishes good practice review
Treatment of vulnerable clients still an area of improvement for firms
Shares fell nearly 20% in a day last month
Individuals holding legacy products receiving poorer value, regulator finds