VIDEO – Working with T&C Under Consumer Duty

0

Outcomes

To understand how the new Consumer Duty regulations 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 know the critical skills to help put your customers in a place to make informed decisions

To understand how all these changes impact upon your Fit and Proper assessments

To establish the link between T&C management information and board reporting

To know what outside in means and the important role it plays

To understand the role of customer coaching in evidencing good consumer outcomes

To describe how all these aspects affect day to day supervision

To access T-CViews content you must hold an active appropriate subscription and log in. Secure your choice of subscription here or request by emailing office@t-cnews.com Regular articles are free.

Share.

About Author

Avatar photo

I provide consultancy and support to UK based financial services companies helping them to design and implement practices that develop their people, achieve their business goals and comply with the needs of the regulators. I specialise in T&C, competence assessment and conduct which may be of particular interest to companies as they address the requirements of the Certification Regime and Code of Conduct requirements. My specialities include: Knowing you have a business to run Valuing your people as your greatest asset Keeping things simple, practical and relevant Engaging the business to promote ownership Ensuring Compliance is a natural by product of doing things well

Leave A Reply