09 May 2023

  • Financial Services

The Consumer Duty – a marathon or a sprint?

July 31st is a deadline not a finish line. The Consumer Duty is a thing to embed, not only a set of things to deliver. Let’s look ahead and make the next phase easier and more rewarding. Join Stu Charlton at our webinar on the 24th May

Retail Financial Services firms are heads-down, sprinting towards July’s Consumer Duty deadline.

These are hard yards!

But the firms we’ve spoken with know it’s a deadline, not a finish line. The Consumer Duty isn’t only a set of things to deliver by July. Rather than complying with it, the FCA wants firms to permanently embed the Duty.

So let’s look ahead and make the next bit easier and more rewarding.

If you’re in the thick of things right now, this might sound fanciful, but it’s an opportunity to thrive. That’s because it requires a more customer-centric mindset, which our research with Google links to growth, agility and happier staff. And it isn’t wishful thinking or consultancy fluff to propose unexpected gains – we’ve proved it before.

Join Stu Charlton at our webinar at 11am on Wednesday 24th May to discover how to turn obligation into opportunity.

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Sign up here

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Stu, our FS Strategy Director, has worked at cxpartners for over 10 years. He currently leads a team of Experience Designers who solve knotty, systemic problems for our clients in Financial Services – delighting their customers and making the regulator happy.

About the event

In the session, Stu will share some of the patterns we’re seeing across the industry and discuss:

  • What it could mean to embed the Duty rather than comply with it
  • Is this an opportunity, really?
  • How firms can create the long-term mindset shift that the regulator wants

Luckily, this isn’t our first time around the block. We’ve helped firms to turn regulatory obligations into opportunity by truly embracing qualitative research and user-centred design. Find out more about that here.

Getting it right requires teams to work together in pursuit of consumer outcomes. Stu’s webinar is a great chance to get colleagues together – from compliance, commercial, product, design, operations, data and beyond – to discuss how that could work at your firm.

So, is it time to shift your race strategy?

Register your place today to find out how.

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Sign up here

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Learn more about The Consumer Duty – a marathon or a sprint?