DEMSA update: IVA voting / DROs / FCA news / FOS / MaPS consultation / Collaborations / Events

In today’s bulletin:

General updateVirtual event around IVA voting and better outcomes for consumers in problem debt – 1/5/2024MaPS consultation on the delivery of their debt advice strategyConsumer Duty lessons learned from FCA interventions in insurance sectorFinancial Ombudsman plansSludge practices in focusCollaborationsEvents

General update

I liked the UK Finance article that non-executive directors (NEDs) can provide fresh perspectives, new ideas, and different problem-solving approaches. This is ideal for improving your firm’s financial resilience. I am sure that Bryan Foss will vouch for this as well. I am looking to move on from being an ‘iNED’ to ‘cyber-NED’ once I have learnt all of the jargon from Kevin Prone. I am trying to engage my son as a ‘cyber apprentice’ with his Astro Physics degree.      

Effective risk management is critical for financial resilience. Look for NEDs who can play a role in overseeing your risk manageme...

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