compliance

Vulnerable Customer

Under FCA rules, a vulnerable customer is someone who, due to personal circumstances, is especially susceptible to harm and requires additional care in marketing and advice.

FCA expectations

Financial firms must identify and respond to vulnerability across marketing, onboarding and ongoing service. For lead-gen campaigns this means:

  • Avoiding pressure tactics and urgency language
  • Providing clear, plain-English disclosures
  • Routing vulnerable prospects to specially trained advisers

See FG21/1 for the FCA's full guidance on the fair treatment of vulnerable customers.

Related terms