The FCA has launched a new part on its web site to present regulated companies recurrently up to date steerage on serving to purchasers hit by the price of dwelling disaster.
The brand new part on the FCA web site will collate printed materials, steerage, letters, FCA updates and information in regards to the disaster.
The goal is to offer an internet location for regulated companies to verify the newest FCA steerage and knowledge on serving to challenged shoppers.
With inflation above 9% and fears it might attain 15%, the FCA believes extra shoppers could possibly be harmed by hovering costs and might have to chop again in different areas.
The regulator believes many shoppers might wrestle to deal with rising costs and can want sound recommendation.
Among the many printed assist accessible is recommendation on making certain truthful therapy of SME prospects, serving to prospects in weak circumstances and coping with the monetary affect of the price of dwelling disaster. There may be additionally assist for patrons stretched by their borrowings and debt.
The FCA says the part – headed ‘Value of Dwelling: Data for Corporations’ – can be recurrently up to date with new steerage and assist info because the state of affairs evolves.
The FCA has urged folks battling rising costs to hunt assist from dependable recommendation sources and companies.
The net deal with for the brand new sections is: https://www.fca.org.uk/companies/cost-of-living