The FCA’s Consumer Duty initiative has brought significant changes to the financial services industry. Wealth managers now face increased accountability and must clearly demonstrate how they act to deliver good outcomes to their clients, including products and services, price and value, consumer understanding and consumer support.

This shift presents a unique opportunity for wealth managers to take control of their value chain and deepen their relationships with their clients (and potential clients). By proactively demonstrating the value they deliver, and the outcomes they achieve, wealth managers can quickly differentiate themselves in a highly competitive market.

Minerva Fund Management Solutions is dedicated to supporting wealth managers in embracing regulatory change. We help firms build centralised investment propositions that provide clients with clear outcomes and value for money which can further differentiate brand.