Spotlight on the FCA’s four Consumer Duty’s outcomes.
Outcome 1: products and services
The financial sector is currently experiencing a significant surge in acquisitions. And though these can be an efficient way of expanding your distribution, it’s essential you do your homework first to ensure a target firm won’t end up saddling you with hidden liabilities down the road.
In Money Marketing, Technical Director David Boyhan suggests three major red flags to watch out for before moving ahead with any acquisition.
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