Professional Adviser’s Consumer Duty Hub is your home for the latest news, analysis, and expert opinion on how The Financial Conduct Authority’s (FCA) Consumer Duty will impact advisers and their businesses.
This is where you can find all the updates on what to expect as each deadline approaches, and how you can best prepare your firm to align with the watchdog’s new rules.
38% have already made model switches with more likely to follow
Regulation ‘not biting the real day to day grind’
Following calls from members looking to further evidence assessment
The alliance to be chaired by Chartered financial practitioner Jane Hodges
Only about a quarter of advisers have mentioned the regulation to clients
Trusts facing partial deplatforming
Deadline for post-Consumer Duty rule change feedback is 31 October
'Emphasis on continuous improvement and evidence-based practices'
'There's a long way to go, but that troublesome first hurdle has been cleared'
'Engaging directly on vulnerability is new and still feels quite alie'
Gillian Hepburn: ‘Are we really putting ourselves in our clients’ shoes?’
Adviser firms want further assistance to understand vulnerable client characteristics
It's an ‘unintended consequence’