Tag: Consumer Duty

A new study from Model Office has revealed that the average financial advice firm is spending 13 hours each week on compliance activities, representing...

The UK’s Financial Conduct Authority (FCA) appears to be signalling a significant shift in its regulatory stance, potentially moving away from the relatively new...

Governance, risk and compliance (GRC) has shifted from being a back-office operation to a pressing boardroom priority for UK firms. With the UK's Financial Conduct...

Flagstone, a large savings platform in the UK, has launched an automated tool designed to help customers maximise the returns on their savings.

The Financial Conduct Authority (FCA) has intensified scrutiny of the UK’s retirement income advice market, citing persistent failings in how advisers assess client needs and model sustainable withdrawal strategies.

For many compliance professionals, keeping up with regulatory change is like flying a plane while simultaneously building the runway—with a blindfold on. The rules...

Oxford Risk has unveiled a new online course designed to help individual investors and financial advisers tackle emotional decision-making and improve long-term financial outcomes....

The FCA’s Consumer Duty, introduced in July 2023, has become a driver of change across UK financial services. Its goal—to ensure good outcomes for...

Since its official launch in July 2023, the Financial Conduct Authority’s (FCA) Consumer Duty has become a cornerstone of UK financial services regulation. Designed to ensure “good outcomes for retail customers”, the Duty has pushed financial institutions to rethink how they design, present, and support their products and services.

BIBA has unveiled its 2025 Manifesto, "Partnering to Deliver More Value," at the Houses of Parliament, reinforcing the critical role insurance plays in the UK economy.