Vulnerability, like disability, can be permanent, temporary, or situational.
The FCA expects financial services to be accessible and not cause unintentional "harm" to vulnerable customers.
Henny Swan explains:

Vulnerability, like disability, can be permanent, temporary, or situational.
The FCA expects financial services to be accessible and not cause unintentional "harm" to vulnerable customers.
Henny Swan explains:
The FCA expects firms to evidence fair valueβnot just assert it.
Our Fair Value Assessment Framework provides:
π Quantitative benchmarks
π Documented methodology
π Comparator analysis
π Board-ready reporting
The FCA has 6 live Consumer Duty investigations. Fair value is the focus.
Own-initiative requirements are being used to restrict firms' activities while investigations run in parallel. This isn't supervision. This is enforcement
πhttp://dlvr.it/TVNHJs
The FCA expects firms to evidence fair valueβnot just assert it.
Our Fair Value Assessment Framework provides:
π Quantitative benchmarks
π Documented methodology
π Comparator analysis
π Board-ready reporting
π― Fair value assessment giving you headaches?
Our new toolkit covers:
β
Four-pillar methodology
β
Cost-benefit analysis
β
Comparator benchmarking
β
Board reporting
11 templates. PRIN 2A.4 compliant. http://dlvr.it/TVLh5x
The FCA has 6 live Consumer Duty investigations. Fair value is the focus.
Own-initiative requirements are being used to restrict firms' activities while investigations run in parallel. This isn't supervision. This is enforcement
πhttp://dlvr.it/TVJPMJ
The FCA expects firms to evidence fair valueβnot just assert it.
Our Fair Value Assessment Framework provides:
π Quantitative benchmarks
π Documented methodology
π Comparator analysis
π Board-ready reporting