TFAS launches free Consumer Duty Health Check for advice firms

TFAS Compliance Services has launched a free Consumer Duty Health Check for financial advice firms, timed to coincide with the third anniversary of the regulation coming into force in July 2023.

Three years on, TFAS Compliance Services says some firms may be uncertain how robust their evidence base is and with the FCA suggesting that there may be governance gaps in many board reports, they are offering a health check to help quickly identify any remedial actions for firms.

Read about this in FT Adviser here.