SimplyBiz joins Consumer Duty Alliance as affiliate

Collaborative approach

Jaskeet Briah
clock • 1 min read

SimplyBiz has joined the newly created Consumer Duty Alliance (CDA), which launched on 9 March for the personal finance sector, as an affiliate member.

The partnership builds upon SimplyBiz's existing relationship with the Financial Vulnerability Taskforce, which is now incorporated by the CDA. The independent professional body has been launched to promote good practice and to deliver better client outcomes ahead of the new Consumer Duty regulations which come into force on 31 July, by promoting better standards in benchmarking, regulatory interpretation and practice. CDA membership is complimentary and, in line with membership requirements, SimplyBiz will be required to adopt an independent Code of Professional Standards, as well as...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

A generational opportunity for financial advisers

A generational opportunity for financial advisers

Advisers could be the beating heart of Britain’s recovery

Tony Müdd
clock 06 November 2025 • 2 min read
Reeves focuses on NHS waiting list ahead of Budget

Reeves focuses on NHS waiting list ahead of Budget

Calls to slash IPT on PMI

Cameron Roberts
clock 04 November 2025 • 2 min read
Protection didn't make the Targeted Support cut and rightly so!

Protection didn't make the Targeted Support cut and rightly so!

Saving for tomorrow and protecting today

Tony Müdd
clock 30 October 2025 • 3 min read