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...

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