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.
One in twelve advisers fear that they will not meet 31 July deadline
‘It’s not necessarily about promoting sustainability’
'The only constant is change and this is certainly true for regulation'
Tech allows firms to demonstrate they are complying with Consumer Duty
Comes as the 31 July deadline looms for advice firms of all sizes
Firms of all sizes must complete Consumer Duty report by 31 July
Consumer Duty was not a 'once and done' scenario
'Advice firms should make sure they’re meeting the review standards'
The report is due on 31 July, one year since the regulation took effect
Firms to produce first annual Consumer Duty board report
What’s expected of advisers and the timelines to work to
Consumer Duty states consumer biases must not be exploited
'Advisers may need to have a re-think and explain things'