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

IPT receipts hit £4.53bn in H1 2026/27

IPT receipts hit £4.53bn in H1 2026/27

Down £11m year-on-year

Jaskeet Briah
clock 21 October 2026 • 2 min read
IHT receipts reach £4.7bn ahead of Autumn Budget

IHT receipts reach £4.7bn ahead of Autumn Budget

Increase of £300m from the year prior

Isabel Baxter
clock 21 October 2026 • 2 min read
AI blurring the line between regulated and unregulated financial advice: FCA

AI blurring the line between regulated and unregulated financial advice: FCA

Risks of consumer harm, cyber vulnerabilities and operational failures

Jack Roach
clock 19 October 2026 • 4 min read