Lucy Tolond#11190

Lucy Tolond

Solicitor, DWF LLP
Lucy specialises in defending claims for professional negligence against accountants, tax advisers, financial advisers, insurance brokers, mortgage intermediaries, insolvency practitioners, pension professionals and trustees. She also regularly advises insurers on coverage issues.
Contributed to

1

The FCA Consumer Duty—implications for complaints handling
The FCA Consumer Duty—implications for complaints handling
Practice Notes

This Practice Note considers the implications of the Financial Conduct Authority’s (FCA) Consumer Duty for firms’ approaches to complaints handling. It sets out practical considerations for firms in ensuring their complaints handling processes meet the higher expectations of the Consumer Duty. It also considers the implications for firms which could arise from the Financial Ombudsman Service’s (FOS) interpretation of the Duty and the regulatory risk relating to poor complaints handling. Finally, it touches on professional indemnity insurance (PII) considerations including the challenges for firms in paying proactive redress under the Duty in the absence of a live (or finally determined) complaint or claim.

Practice Area

Panel

  • Contributing Author

Qualified Year

  • 2007

Experience

  • BLM (2009 - 2021)
  • Pinsent Masons (2007 - 2009)
  • BLM (2005 - 2007)

Qualifications

  • LPC (2004)
  • PgDL (2003)

Education

  • College of Law, York (2004)
  • Newcastle University (2000)

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