SimplyBiz prepares firms for Consumer Duty anniversary

Compliance clinic launched to offer guidance around the regulation

Sahar Nazir
clock • 1 min read

A virtual clinic aiming to educate advisers on making improvements to their compliance with Consumer Duty will be launched by SimplyBiz.

The firm's compliance clinic, which takes place next week, will be lead by compliance director Paul Bruns, director of regulatory consultancy and advice quality Jennifer Peaty, and head of policy Sandy McGregor. "As we approach the first anniversary of the implementation of the Consumer Duty, with the requirement for firms to produce their first annual report imminent, the value of our support in this area is proving more important than ever," Bruns said. The clinic will explore the Financial Conduct Authority's requirements for firms to complete their Consumer Duty annual assessment ...

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 Your profession

Property inheritance figures paint bleak tax picture for millennials

Property inheritance figures paint bleak tax picture for millennials

Millennials on course for an ‘inheritance tax bombshell’

Sahar Nazir
clock 20 May 2024 • 2 min read
London still the top city in Europe for investing in financial services

London still the top city in Europe for investing in financial services

According to EY’s latest Attractiveness Survey for financial services

Valeria Martinez
clock 20 May 2024 • 1 min read
Advisers sound alarm on £442m wasted on LoA inefficiencies

Advisers sound alarm on £442m wasted on LoA inefficiencies

Regulator should play ‘proactive role’ in addressing LoA inefficiencies

Sahar Nazir
clock 17 May 2024 • 5 min read