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Consumer Duty Regulation #S3EP4
Manage episode 405997344 series 3009515
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Welcome to FinTalk by Vermeg, the go-to podcast for financial services that tackles the biggest issues in finance.
In this episode, our host Jawad Akhtar welcomes Michael Lawrence from Bovill, a top expert in the field. They talk about the nitty-gritty of Consumer Duty and what it means after the July 2023 deadline. They'll also look at how the FCA's changing rules and how technology can help with following the rules.
This episode of FinTalk by Vermeg covers:
- Where we are with putting Consumer Duty into action in the wealth management world
- How the FCA's steps are helping companies understand what 'fair value' means
- The struggles companies have with Consumer Duty's broad rules
- Why technology and new ideas are key to meeting Consumer Duty needs
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