What you need to know this week
- FCA removes the requirement for a Consumer Duty Board Champion.
- Ofgem announces a 6% increase in the energy price cap to £1,849 from 1 April 2025.
- TransUnion research shows 20% of UK adults identify as financially vulnerable.
- FCA to hold a vulnerability webinar on 11 March 2025.
- Encore Capital Group shut down following an Insolvency Service investigation.
- FCA finds 83% of financial advisers are delivering suitability reviews.
- Desmond Hudson appointed as new CSA Chair.
- Matt Bland appointed as CEO of ABCUL.
- IE Hub partners with Welfare Together to enhance financial support.
- StepChange reports a 61% increase in full debt advice clients from December 2024 to January 2025.
- Policy in Practice and Plain Numbers collaborate to improve financial messaging clarity.
- Utility & Water Sector Data Sharing Event scheduled for 30 April 2025 in Manchester.
Read the full summary – here
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