Matt Lonsdale, Director Davies Consulting talks Consumer Duty, fee compression and what next.

There is no doubt at all that the industry is undergoing profound change with the numerous regulatory initiatives focusing the mind on ensuring the right client outcomes as well as challenging firms with the far reaching impact of Consumer Duty. The recognition that the pace of change will only accelerate as the FCA leverages their investment in their own digital transformation, is driving businesses to take stock and review everything.

 

The realisation that everything begins and ends with quality Data is forcing firms to question how best to manage, given that the legacy technologies in common use, often inhibit rather than facilitate access to meaningful business insights, that are fundamental to comply with the far reaching regulations that now exist. 

 

Matt Lonsdale addresses all of these issues and more and delivers a superb overview of the here and now as well as discussing what else is coming down the regulatory pipeline.

 

Matt and the team at Davies Consulting has also released a superb White Paper entitled "Purposeful digitisation, The journey to Wealth Management 4.0", which can be dowloaded HERE.