Editor's View: No more sweeping Consumer Duty under the rug

The editor's Friday Night Takeaway from 10 February

Hope William-Smith
clock • 2 min read

There’s this bizarre preoccupation I’ve noticed lately with pretending that Consumer Duty isn’t literally just round the corner.

Unfortunately, or fortunately depending on how you look at things, that corner is July and there is no excuse now for sweeping discussions under the carpet. Our most read story this week was news the Financial Conduct Authority had written to protection market participants with its expectations. The watchdog outlined how it expects these firms to implement the rules and set out their supervisory strategies. We all know that if things go awry, the regulator will be the first to point out how much help was given to everyone, so best take a look! Elsewhere, Eden Park Investment Management a...

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