SimplyBiz has added additional support for advisers as just six weeks remain until the implementation of the Financial Conduct Authority’s (FCA) new Consumer Duty.
The firm said it has added a series of practical guides, collaborative pieces with providers, enhanced technology solutions, a dedicated advice show, and a virtual event exploring the most effective ways in which advisers could be prioritising their time.
It adds to the Consumer Duty support the distributor has made available over the last year for advisers.
SimplyBiz head of policy Alexander McGregor noted that with any regulatory change on the scale of the Consumer Duty, advisers have different focuses and different rates of preparation.
“Of course, 31 July doesn’t signify the finish line for Consumer Duty, merely the marker for the first lap,” he said.
“We’ll soon be announcing details of the support we’ll be offering to help advisers meet the requirements of the Consumer Duty once it becomes business-as-usual regulation.
“Until then, we’ll continue working to ensure that our firms have all they need to feel confident of what they need to do to meet the new rules by the deadline.”
