Consumer Duty: What's causing the most concern for advisers?

Fulfilling the Duty will initially demand extra commitment

clock • 3 min read

John Moret, a Consumer Duty champion at an advice firm (among many other things) asks just where is the problem with the new set of rules...

I recently attended one of the regulator's Consumer Duty events for retail investment firms - particularly medium and smaller-sized firms. I was wearing my "hat" as non-executive chair of an advisory business where I am also the Consumer Duty champion - although with my involvement with Investor in Customers, the customer experience insight business was also relevant. I found the event extremely useful and very well run with an excellent Financial Conduct Authority (FCA) speaker who came from an advisory background. One of the most interesting aspects was the feedback from the audi...

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 Consumer Duty

Boring Money's Holly Mackay: Consumer Duty's next big challenge three years in

Boring Money's Holly Mackay: Consumer Duty's next big challenge three years in

From value to understanding

Holly Mackay
clock 03 August 2026 • 5 min read
Sandy McGregor: Happy third birthday to Consumer Duty

Sandy McGregor: Happy third birthday to Consumer Duty

Third anniversary of landmark regulation on 31 July

Sandy McGregor
clock 31 July 2026 • 1 min read
'The single biggest force shaping advice business models': Three years of Consumer Duty

'The single biggest force shaping advice business models': Three years of Consumer Duty

'It has not bedded in quietly'

Emma Napier
clock 31 July 2026 • 4 min read