The Top Class Wednesday Update is £1,000 short
Right, let’s spoil the party with some new Consumer Duty stuff. The topic of value for money is going to be a battleground. And we need to talk about due diligence.
The Top Class Wednesday Update is quite Consumer Dutery
In times like this one must reach for nice things, and so I’m going to ignore Consumer Duty, and concentrate on our Home Truths event, next Thursday.
The Top Class Wednesday Update is deliberate, not careless
I mean we’ve all done it, right? You’re filling out your tax return, the Deliveroo guy comes to the door with your bao order and you miss out your £27 million offshore trust.
The Top Class Wednesday Update would have settled for a card
I just spotted this, right, and I don’t want to shock anyone but it’s distressingly near Christmas and no-one mentioned anything and now there’s quite a lot to do, so you’d better all get on with it. And by “you” what I mean is “me” so if we could all keep everything on the down-low […]
The Top Class Wednesday Update sheds tiers
Afternoon everyone and a happy Wednesday to those who celebrate. Where I am the temperature has plummeted faster than in a meeting of the Commuters Association when Mick Lynch walks into the room and it feels like we are now on the run-out from 2022, for which I suspect many will be grateful right up […]
Duty bound: The link between suitability and Consumer Duty
A lot of what the Consumer Duty is about is ensuring that clients are empowered to make better financial decisions. There’s a fundamental tenet here – it’s not enough that they have you as their advice professional. They have to understand things for themselves. They don’t need to understand Markovitz and modern portfolio theory. They […]
The Top Class Wednesday Update is 200, sort of
Well now, it seems like forever since I’ve had my hands dirty with the Update, ably assisted as I am by Rich, Old Tom (as opposed to Young Tom) and diverse others these days. In fact it’s only been three weeks, but as we all know a lot can happen in such a short time […]
I’m a Top Class Wednesday Update get me out of here
Mr Polson is away this week, having indulged his guitar-playing Mr Hyde persona and most excellently tearing up the PFS Conference. For anyone who got too close, counselling is available. I’ll come to the pensions in a minute. But in the week we celebrate both the dark and the supernatural (and for some reason, pumpkins), […]
The Top Class Wednesday Update is glad everything’s completely normal
Day five million in the Big Brother house, and the contestants have started to eat each other. “This is normal,” says Suella, gnawing on a thigh bone. “I’m struck by how well everything is working,” says Dominic, popping a juicy eyeball into his dry, blackened mouth. I’ve been looking for a long time for a […]
Consumer Duty: 11 questions your implementation plan should try to answer
Come 1 November there will be two kinds of firms – those who have their Consumer Duty plans in place, and those who didn’t quite hit the deadline. The FCA expects firms’ management teams (essentially, this is where the buck stops – for larger firms it will be the board) to have agreed their implementation […]
