Consumer Duty
Five potential impacts of Consumer Duty
NextWealth predicts what will happen after the FCA’s regulation is implemented
Defaqto to roll out Consumer Duty profiles
They will help advisers carry out due diligence, target market and value assessments
Best Practice | 3 Jul 23
Trade body tells advice firms not to be ‘Consumer Duty Zombies’
As it marks 28 days until the deadline to comply with the regulatory regime
Best Practice | 15 Jun 23
21% of clients think advisers don’t understand their behavioural biases
But they should be taken into account as part of the much-anticipated Consumer Duty rules
43% of advisers see AI tech as a threat to their business
As one-fifth say they are fully prepared for Consumer Duty