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Showing 1 - 4 of 4 results for "Consumer Duty"

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... don't take this opportunity to address weaknesses," she said. The FCA issued the warning as the UK ushers in the Consumer Duty, which comes into force on July 31. The mandate for all firms the FCA regulates is to essentially act to deliver good outcomes ...

UK regulator looks to simplify advice

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
... protections would apply under the new regime as they do to holistic advice. "We expect that these changes, along with the Consumer Duty, should mean core investment advice can be offered to consumers at a lower price point than holistic financial advice," ...

UK regulator warns trading apps over gamification

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
... signs of problem gambling behaviour," the FCA said. The warning comes ahead of the introduction of the UK's new Consumer Duty next year which stipulates that firms must design services so that consumers can make effective, timely and properly informed ...

UK regulator confirms Consumer Duty

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
The Financial Conduct Authority has outlined how a new Consumer Duty will improve customer service across the UK's financial services sector, including ending "rip-off" fees and putting consumers' needs first. The Duty comprises an overarching principle ...
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