Consumer Duty Enforcement

Consumer Duty content should keep users because it connects current FCA supervision to the issues boards already need to evidence: customer outcomes, fair value, vulnerable customers, product governance, communications and support journeys.

Core Articles

Evidence Focus

  • Outcome evidence across products and services, price and value, understanding and support.
  • Advice suitability, wealth management governance and vulnerable customer treatment.
  • Board reporting that separates assertion from tested customer-outcome evidence.
  • Read-across from older TCF and suitability cases into the higher Consumer Duty standard.

Board Questions

  • Which customer groups are at risk of foreseeable harm and what evidence proves mitigation works?
  • Can product owners show fair-value testing, complaints read-across and remediation decisions?
  • Do board papers include outcome data or only activity metrics?
  • Which historic advice or suitability cases would be most relevant to our current customer journey?

Search, Data and Advisory Paths