DEMSAPlus

In today’s bulletin: General update Consumer Understanding under the Consumer Duty FCA has found that financial advisers are delivering suitability reviews Collaborations FCA vulnerability event on 11/3/2025 General update I have steered FCA February 2025 Regulatory Round-up - Duty Champions I have posted that the FCA has published its February 2025 regulatory round-up, which includes the launch of MyFCA and confirmation that the FCA no longer expect firms to have a Consumer Duty Board Champion. This follows the FCA letter… Read more

In today’s bulletin: General update Consumer Understanding under the Consumer Duty Quality Assurance Frameworks under the Consumer Duty – 21/2/2025 New guide to assist people with additional support needs Personal Insolvency statistics – January 2025 Collaborations Events General update I have steered away from any Rachel Reeves stories this week as we have had a rebellion from FCA-regulated ‘complaint handlers’ being compared with ‘economists’. People Management has examined the wider implications of career history embellishments and false information after inconsistencies… Read more

In today’s bulletin: General update Quality Assurance Frameworks under the Consumer Duty – 21/2/2025 Consumer Understanding under the Consumer Duty Competency Assessments and Skill Gap Analyses to be an SMF Collaborations Events General update I was delighted to chair one of the Credit Strategy creditor roundtables on Monday last week. There was a strong focus on the Consumer Duty and the outcomes of IVAs. Creditor voting and IVA variations were ‘hot topics’. Future events: https://www.creditstrategy.co.uk/events/premium-roundtables The UK economy unexpectedly grew… Read more