Author: Martin Barnett

True Potential is in the news again. The offer from Cinven (a UK-based Private Equity firm that has raised over £37bn in over 40 years of operations) has been accepted and the price tag being talked about is in the region of £2.4bn.  That's a lot of money.  But what's more they plan to grow the business over the next three years and IPO it at a market valuation of c£5.5bn.

The FCA has launched a consultation called A new Consumer Duty.  This post covers the reasons why the Regulator feels the new consultation is required, its areas of focus and explains why we believe all firms involved in the manufacture or supply of products and services to retail clients, should engage positively with the consultation, even if they do not have a direct relationship with the end customer.