MorganAsh launches customer vulnerability workshops

Response to FCA review

Cameron Roberts
clock • 1 min read

Support services provider, MorganAsh, has launched a series of workshops of vulnerable customers.

The provider said that its offering includes workshops covering: an introduction to customer vulnerability; a gap analysis of a firm's Consumer Duty board report; and vulnerable customer journey mapping. Vulnerable customers is a key consideration for the Financial Conduct Authority (FCA), the regulator released a statement which showed, whilst many firms have taken positive action in this area, many lacked tailored training and understanding. The regulator said that 74% of vulnerable customers who told their firm about their circumstances said staff asked the right questions, 57% sai...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

FCA proposes reduction of data reporting for firms

FCA proposes reduction of data reporting for firms

Supports regulator’s aim to ‘reduce burden’

Isabel Baxter
clock 17 April 2025 • 2 min read
Christine Elliott departs as PFS chair

Christine Elliott departs as PFS chair

Carla Brown takes the role

Isabel Baxter
clock 15 April 2025 • 2 min read
FCA takes aim at bereavement and PoA policies

FCA takes aim at bereavement and PoA policies

Good and bad practices released

Cameron Roberts
clock 14 April 2025 • 3 min read