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NEWSLETTER: With the clocks changed, a seemingly never-ending stream of Bank Holiday celebrations and a welcome dose of sunshine to boot, it’s finally starting to feel a lot like summer here in the UK.
The Consumer Duty implementation deadline is now only two months away and ‘fair value’ has proved to be one of the more challenging outcomes to deliver against.
While the FCA conducts its own review to highlight best practice and clarify expectations, there’s still plenty of work to do to get over the finish line. If you’re unsure whether you’re on the right track or are still challenged by some of the expectations, do take a look at our value assessment framework.
This month we also feature a reminder on IFPR remuneration requirements, which is a topic still proving challenging for some firms. We also explore the thematic review of retirement income advice alongside its impact on the equity release market.
Finally, as the regulator continues to maintain focus on market abuse, our recent webinar is well worth a watch. We looked back at recent Market Watch publications and enforcement cases to highlight some of the broader trends, learnings and best practice as standards and expectation continue to evolve.
Rebecca Thorpe
Chief Executive Officer
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