Anecdotal evidence suggests that some firms are avoiding collecting and storing customer vulnerability data to avoid a perceived conflict with GDPR.

Anecdotal evidence suggests that some firms are avoiding collecting and storing customer vulnerability data to avoid a perceived conflict with GDPR.
92% of clients were advised to transfer out of their defined benefit pension schemes, resulting in over £126m of funds being transferred.
James Kaufmann, corporate partner at Hill Dickinson, analyses the peculiar reasoning behind the FCA’s recent decision to ban a financial adviser from working in financial...
The regulator says millions of people could get more support with their pensions under new proposals.
149,000 mortgages have temporarily reduced monthly payments via the rules.
Over a third of advice firms believe there’s been no progress towards the Consumer Duty’s Products and Services outcome.
Firms will now be given 10 days’ notice ahead of any announcement being made, rather than the one day originally consulted on.
The changes follow on from 2023’s removal of the banker bonus cap.
The failures allowed a trader to conceal over 400 fictitious trades.