How can technology aid advisers with Consumer Duty compliance?

It is of no doubt that advancements in technology offer innovative solutions to aid advisers in navigating and complying with their regulatory requirements. In the wake of the Consumer Duty, advisers are facing increased pressure to prioritise their clients' best interests. Embracing technology has emerged as a powerful ally, enabling financial professionals to navigate the intricacies of compliance seamlessly while enhancing their services. Technology enables advisers to create comprehensive and accurate client profiles, considering their financial circumstances, needs, and objective...