CPN is committed to the FCA’s Treating Customers Fairly (TCF) initiative which sets out six key consumer outcomes:
Outcome 1 Consumers can be confident that they are dealing with firms where the fair treatment of customers is central to the corporate culture.
Outcome 2 Services marketed and sold in the retail market are designed to meet the needs of identified consumer groups and are targeted accordingly.
Outcome 3 Consumers are provided with clear information and are kept appropriately informed before, during and after the point of sale.
Outcome 4 Where consumers receive advice, the advice is suitable and takes account of their circumstances.
Outcome 5 Consumers are provided with services that perform as firms have led them to expect, and the associated service is of an acceptable standard and as they have been led to expect.
Outcome 6 Consumers do not face unreasonable post-sale barriers imposed by firms to change service, switch provider, submit a claim or make a complaint.
More information on TCF can be found on the FCA website: www.fca.org.uk