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Page 6 - Anne Fairweather News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Concerns raised over FCA s woolly consumer duty plans

The Financial Conduct Authority (FCA) has put forward a number of consumer duty proposals to drive a shift in the mindset of firms, however, some industry experts have raised concerns the plans remain somewhat theoretical and woolly.

Anne fairweatherTom selbyRiffat tufailHargreaves lansdownTim fassamInsurance institutePhoenix groupSheldon millsChartered insurance instituteTim fassamSheldon mills

FCA eyes fundamental shift in customer protection standards

But watchdog criticised for lack of ‘clarity’ and ‘credible regulatory threat’ against ‘bad actors'

Anne fairweatherTom selbyHargreaves lansdownTim fassamFinancial ombudsman serviceFinancial conduct authorityFinancial advice association pimfaPersonal investment managementFinancial advice association

FCA eyes fundamental shift in customer protection standards

'Too often consumers are not given the information they need to make good decisions'

Anne fairweatherTom selbyHargreaves lansdownTim fassamFinancial ombudsman serviceFinancial conduct authorityFinancial advice association pimfaPersonal investment managementFinancial advice association

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