Robert Vaudry looks at the income Consumer Duty through the lens of portfolio management...
The deadline for Consumer Duty is fast approaching and from my conversations with advisers, I know that many of you are still getting to grips with the full implications of its requirements. In fact, in a poll of advisers during a recent Copia webinar, almost three-quarters felt they are behind the curve with preparations. While previous regulations like PROD - shorthand for product intervention and product governance sourcebook rules - will ensure you are some way towards meeting the new requirements, it's becoming clear that there are further pressures to navigate in ensuring the produ...
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