Consumer dutyJan 30 2023

Consumer duty: High level plans will not work in practice

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Consumer duty: High level plans will not work in practice
(L to R) Niki Cook, chief revenue officer at Protection Guru, Dawn Mealing, head of advice policy and proposition at Fidelity Wealth Management, Andrew Storey, group innovation director at EV and Ben Wright, progress director at Change Squared

Firms with "high level" plans for consumer duty implementation will find not all of their plan works in practice, a director at adviser consultancy Change Squared has said.

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