Home / Financial Services

Legal News

PIMFA and UK Finance respond to consultation on implementation of FCA’s Consumer Duty

Copyright © 2025 LexisNexis
Published on: 16 February 2022
Published by LNB News

LNB News 16/02/2022

Document Information

Issue Date: 16 February 2022

Published Date: 16 February 2022

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Personal Investment Management & Financial Advice Association (PIMFA) has responded to the Financial Conduct Authority (FCA)’s Consumer Duty consultation calling on the FCA to give firms further time to fully understand and implement its wide-ranging Consumer Duty proposals. UK Finance has also responded commending the changes made.

Powered by Lexis+®
Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

Related documents:

1 Checklists
4 News
View More
6 Practice notes
View More
1 Q&As
Powered by Lexis+®

Related documents:

1 Checklists
4 News
View More
6 Practice notes
View More
1 Q&As

Popular documents

Priority between loss reliefs in loss making companies

Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit