The design of digital platforms can drive customers towards making quick decisions which may not be in their best interests or consistent with the FCA’s expectations under the Consumer Duty, the regulator has warned.
Financial Planning fintech EV Financial Solutions has upgraded its digital financial guidance tool EVDirect to make it more engaging, it said.
A new digital wealth app has been launched targeting six-figure earners who have outgrown basic financial products but do not have the millions needed to access private banks.
L&G has launched a digital application process for annuities which it says will save Financial Planners and advisers up to 14 days on each intermediated/advised application.
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