FCA: Price and value outcome – good and poor practice update
18 Sep 2024
United Kingdom
1 min read
FCA has provided insights from the first year of the implementation of the price and value outcome of the Consumer Duty which is intended to help firms improve the way they think about fair value assessments. FCA has highlighted the good and poor practice seen in relation to cash savings, GAP insurance and cash on investment platforms, but notes that the findings will be relevant to all firms who need to demonstrate that their products provide fair value to retail customers.