SimplyBiz prepares firms for Consumer Duty anniversary

Compliance clinic launched to offer guidance around the regulation

Sahar Nazir
clock • 1 min read

A virtual clinic aiming to educate advisers on making improvements to their compliance with Consumer Duty will be launched by SimplyBiz.

The firm's compliance clinic, which takes place next week, will be lead by compliance director Paul Bruns, director of regulatory consultancy and advice quality Jennifer Peaty, and head of policy Sandy McGregor. "As we approach the first anniversary of the implementation of the Consumer Duty, with the requirement for firms to produce their first annual report imminent, the value of our support in this area is proving more important than ever," Bruns said. The clinic will explore the Financial Conduct Authority's requirements for firms to complete their Consumer Duty annual assessment ...

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

Digital natives, critical minds: What Gen Z's scepticism means for the future of wealth management

Digital natives, critical minds: What Gen Z's scepticism means for the future of wealth management

'The industry faces a radical shift in generational expectations'

Jim London
clock 14 July 2025 • 3 min read
'Unworkable' IHT/pension reform risks undermining Consumer Duty

'Unworkable' IHT/pension reform risks undermining Consumer Duty

‘They’ve smashed complex pensions and complex IHT together’

Sahar Nazir
clock 14 July 2025 • 4 min read
Sector divided on Reeves' pullback on Cash ISA reform

Sector divided on Reeves' pullback on Cash ISA reform

‘A big win for defenders of a broken system’

Sorin Dojan
clock 11 July 2025 • 2 min read