Consumer Duty
32% of IFAs expect client fees to increase with Consumer Duty
As one-in-seven still feel unclear about advising clients on good customer outcomes
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