Complying with Consumer Duty for mortgage and later life lending firms 7 Dec Written By Peter Labrow Complying with Consumer Duty for mortgage and later life lending firms Compliance with the FCA’s Consumer Duty guidelines requires credit-lending firms to understand more about their customer than whether they are ‘vulnerable’ or ‘not vulnerable’. Firms must understand consumers’ ‘characteristics’ – but what does this mean, and how can it happen?Download PDF (436 KB) Peter Labrow Head of marketing at MorganAsh. Consumer vulnerability champion. Writer and storyteller. Co-author: Is It News?
Complying with Consumer Duty for mortgage and later life lending firms 7 Dec Written By Peter Labrow Complying with Consumer Duty for mortgage and later life lending firms Compliance with the FCA’s Consumer Duty guidelines requires credit-lending firms to understand more about their customer than whether they are ‘vulnerable’ or ‘not vulnerable’. Firms must understand consumers’ ‘characteristics’ – but what does this mean, and how can it happen?Download PDF (436 KB) Peter Labrow Head of marketing at MorganAsh. Consumer vulnerability champion. Writer and storyteller. Co-author: Is It News?