Adviser fintech partners with Consumer Duty specialist

To help funds industry avoid regulatory penalties

Isabel Baxter
clock • 1 min read

Fintech Panacea Adviser has partnered with Consumer Duty specialist FWD Research to help the funds industry comply with Financial Conduct Authority’s (FCA) end-investor outcomes monitoring.

Through the partnership, Panacea Adviser and FWD Research have produced a framework that has been designed to monitor outcomes and help fund managers overcome the challenges of generating this type of data in the intermediated investments sector. According to the firms, the challenges include restricted access to end-investors; poor investor knowledge of the investments many of them hold; and poor awareness of the advice channels these end-investors use. FWD Research has had conversations with the FCA to ensure its approach is robust, the data is high quality through a compliant and i...

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