Wealth management lobby group PIMFA has highlighted the key challenges facing the industry as a result of the upcoming Consumer Duty legislation.
One of the main challenges of the legislation for firms is ensuring they have the right data and management information to evidence and monitor customer outcomes.
PIMFA explained the FCA can only view the extent of your compliance through the documentation firms provide, so it is important to show how and why you have rea...
Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact subs@thewealthnet.com
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.
Read more about PAM
