The Consumer Duty from principal to practice: product value and customer communications
When:
Where: Association of British Insurers - UK Head Office - London, One America Square, 17 Crosswall, London, EC3N 2LB, United Kingdom
Registration: 13:30. Followed by a networking drinks reception.
Book your place before 8 September 2022 to save over 15% with the early bird rate!
Bookings will close at 17:00 on Monday 7th November 2022.
With the final rules and guidance for the Consumer Duty recently published, firms must now begin to implement the new standards for assessing, evidencing and delivering good customer outcomes. Firms will have to undertake a significant amount of preparatory work to ensure and demonstrate that products and services offer fair value and the customer communications they issue support customer understanding and enables them to make good decisions.
Firms have until July 2023 to implement the rules for existing products and services while closed book business will have an additional year to comply. While the deadline has been slightly extended, firms will need to act quickly to complete their gap analysis and deliver their plans.
Join us on 8 November to hear from industry practitioners and regulators to discuss how to best deliver the product value and customer understanding outcomes of the consumer duty with case studies of good practice being shared.