Consumer Duty
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
43% of advisers see AI tech as a threat to their business
As one-fifth say they are fully prepared for Consumer Duty
Five ways Consumer Duty will impact advisers and investment managers
Adviser community has always ‘adapted to new ways of working’
FCA issues fresh warning over impending Consumer Duty deadline
Requirements will come into effect on 31 July
How ongoing suitability review costs are plaguing advice firms
Companies are considering strategies to manage their lower-value clients