Consumer Duty Annual Report 2023

Consumer Duty Annual Report 2023

5 Qs

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Consumer Duty Annual Report 2023

Consumer Duty Annual Report 2023

Assessment

Quiz

Medium

Created by

magda magdaniemczyk38@gmail.com

Used 1+ times

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is the consumer duty deadline for signing off an annual report by the BOD?

31.07.2024

31.07.2023

31.08.2023

31.08.2024

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Board of Directors role within the Consumer Duty Regime?

Using duty's principles to inform strategy, governance, leadership and people politics

Nothing, its totally operational

Implementation of the duty

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is our board consumer duty champion?

Gerard Spain

Kathryn Fogg

Mario Arnone

Jim Burrows

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the four consumer outcomes of the duty?

Price and value, consumer support, consumer understanding, consumer relations,

Price and value, consumer wellbeing,

consumer support and consumer understanding

Products and services,

consumer understanding, consumer wellbeing, consumer support

Products and services,

price and value, consumer understanding and consumer support

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is PCCU's consumer duty's action plan for the next financial year?

Incuto app, E-welcome packs, addressing vulnerabilities, membership profiling, rebrand

Nothing, we have addressed it now

New branch, Incuto app, membership profiling