Alastair Black is Head of Industry Change at abrdn. He and his team plan and develop innovative propositions for abrdn’s platform solutions that not only enable advisers to manage efficient businesses for better client outcomes but enhance the experience of using Wrap and Elevate too. A thought leader on regulatory and compliance issues for advisers, Alastair is an Actuary and is a Fellow of The Institute and Faculty of Actuaries. Before his appointment as abrdn’s Head of Industry Change, Alastair held a number of senior roles within the business including Head of Platform Proposition and Head of Financial Planning Solutions.
Alastair Black, Head of Industry Change, takes a closer look at the Consumer Duty’s ‘avoid foreseeable harm’ cross-cutting rule and explains the significance of the principles-based approach behind the regulation.