SimplyBiz joins taskforce to tackle 'vulnerability epidemic'

Taskforce launch in January 2021

Sophie King
clock • 2 min read

SimplyBiz will be working with the Independent Financial Vulnerability Taskforce to tackle what the firm has described as a ‘vulnerability epidemic’.

By pairing with the taskforce, SimplyBiz will encourage its firms to commit to the taskforce's nine-point charter. Some of the charter's points include acknowledging service often involve the application of specialist financial knowledge, recognising that vulnerability can manifest itself in different ways and understanding that language and terminology is important. SimplyBiz will also run joint events to discuss the work and objectives of the taskforce as well as supporting research and educational initiatives. The Personal Finance Society (PFS) taskforce launched in January this...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: CII and PFS host annual apprenticeship awards

Feel Good Friday: CII and PFS host annual apprenticeship awards

Part of next gen development push and ‘upholding professionalism’

Professional Adviser
clock 24 October 2025 • 1 min read
FCA to deliver 'fewer and faster' enforcement outcomes this year

FCA to deliver 'fewer and faster' enforcement outcomes this year

Therese Chambers says the watchdog is prosecuting more people than ever before

Sahar Nazir
clock 23 October 2025 • 2 min read
Autumn Budget 2025: Majority of Brits concerned about rumoured pension tax-free tax changes

Autumn Budget 2025: Majority of Brits concerned about rumoured pension tax-free tax changes

The updates advisers need in the run up to the Autumn Budget 2025 on 26 November

Professional Adviser
clock 23 October 2025 • 1 min read