Fair Treatment of Vulnerable Customers

Companies have a legal obligation to ensure that vulnerable individuals do not suffer any detriment and are given the appropriate level of care.

Our Fair Treatment of Vulnerable Customers Course will help your employees to better identify, understand and address the needs of those in vulnerable circumstances.

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Fair Treatment of Vulnerable Customers

About this Course

Available as part of our FCA & Insurance Course Library.

Learning Objectives

This course will prepare your employees to:

  • Recognise who may be vulnerable and why
  • Identify signs and triggers of vulnerability
  • Know how your safeguards vulnerable customers
  • Take appropriate action to safeguard vulnerable people
  • Handle disclosures effectively with industry-approved tools
  • Learn how to meet data protection requirements

Course outline

Introduction

Recognising Vulnerability

- Scenario 1: Sara's new friend
- Scale of vulnerability in the UK

Who is Vulnerable?

- Coronavirus and vulnerability
- You decide: Recognising the drivers
- Actual versus potential vulnerability
- You decide: Who is vulnerable?
- Vulnerability and the spectrum of risk
- You decide: Gauging vulnerability
- Cases in the News
- The consequences of vulnerability
- Our impact on vulnerable customers

Recognising Customer Vulnerability

- You decide: Is it a concern?
- Recognising the barriers

Ensuring Fair Treatment of Vulnerable Customers

Employee Responsibility

- Best practice: Do & Don't
- Handling disclosures

A More Flexible Approach

- Scenario: Jakub's account

Data Protection Requirements

- Involvement of third parties

Summary

Assessment

FCA Courses Library

Our FCA Course library of over 60 training modules covers everything from high-level and conduct of business standards to thematic topics, including treating customers fairly.

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FCA Courses Library

Course Specifications

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Structure

Approximately 30-minute long e-learning course followed by a 10-question assessment.

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Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

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Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

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Test-Out

Ability to offer optional test-out, whereby users can choose to skip the course content and complete the learning assignment simply bypassing the assessment.

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Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.

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Tailoring

Fully customisable on Skillcast Portal CMS.

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Translation

Pre-translated versions not available, but all text content can be exported for translation into all languages.

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Localisation

Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.