Under the new Consumer Duty rules, all Product manufacturers of regulated products were required to conduct a fair value assessment of their products. These fair value statements will need to be assessed by each individual firm to review whether they believe the products offer fair value to their customers or not. The statements should help you to:

• understand the characteristics of the products;
• understand the identified target market;
• consider the needs, characteristics and objectives of any customers who may potentially be vulnerable;
• identify the intended distribution strategy; and
• ensure the product will be distributed in accordance with the target market.

Firms should now undertake these reviews in order to meet their obligations under the Consumer Duty rules. As always, at Paradigm we are seeking ways to make this process easier for you, and as such you will find below all of the fair value assessments that have been made available to us from Lenders, Providers and Strategic Partners on our panel. Please note that the logos below are external links and will bring you to the relevant page or document for the company in question.

If you would like to understand how Paradigm can help you meet your regulatory requirements under the Consumer Duty, please click here to visit our Consumer Duty Support hub.