FCA Consumer Duty: How journey mapping helps structure your customer experience endeavours
The UK's financial services sector is navigating a significant regulatory shift: the Financial Conduct Authority's (FCA) Consumer Duty. Described as the largest regulatory overhaul in financial services of the last decade, the Duty impacts over 60,000 firms in the UK. Its central tenet is that firms must act to deliver good outcomes for the Retail consumers of their products.