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Date/Time
Date(s) - 03/05/2024
10:00 am - 12:00 pm
Categories
Introduction
As part of the changes introduced by the new Consumer Duty the FCA expects that all firms will review their people policies to reflect how they have incorporated the changes. This includes your T&C scheme. In this 2 hour Zoom based workshop we take a closer look at how your T&C schemes might be affected and discuss practical ways of addressing any issues identified.
Workshop Outcomes
- To understand how the new Consumer Duty affects your approach to T&C
- To know why culture plays such an important role and why T&C is affected
- To describe a good consumer outcome
- To understand the relationship between good consumer outcomes and competence
- To be able to define the standards expected of a competent person
- To assess the impact of T&C on people not engaged in Appendix 1 activities
- To identify the impact of consumer biases on your customers and how you should respond
- To be aware of the critical skills to help put your customers in a place to make informed decisions
- To review how all these changes impact upon your Fit and Proper assessments
- To link T&C management information to support board reporting and the importance of an outside in approach
- To review the role of customer coaching in evidencing good consumer outcomes
- To be aware of how all these aspects affect day to day supervision
Dates
3 May
How to book
To book your place email office@t-cnews.com. We will issue an invoice. A link will be forwarded shortly before the event
Price
Per delegate £95+VAT
