Macmillan responds to the Financial Conduct Authority’s Discussion Paper on Duty of Care

Originally published: 17 July 2018

Responding to the Financial Conduct Authority’s Discussion Paper on Duty of Care, Macmillan Cancer Support’s Chief Executive Lynda Thomas, says:

“It is a positive first step for the Financial Conduct Authority to review how it regulates the sector’s treatment of vulnerable customers — including thousands of cancer patients — to ensure that they get the support they need before they reach crisis point.

“But until it becomes obligatory for banks and building societies to have a duty of care to those most at risk — making it essential they are ready to offer the necessary tailored support — we will continue to see many people struggle with the severe financial consequences of their diagnosis.

“The financial impact of cancer can be crippling and Macmillan can’t keep plugging these growing gaps alone. It is unacceptable that support for those most in need of a safety net remains optional for the financial sector. This must change.”

-Ends-

For further information, please contact

Lyndsey White, Media & PR Officer, Macmillan Cancer Support

0207 840 7821 (out of hours 07801 307068)

lywhite@macmillan.org.uk.

About Macmillan Cancer Support

Being told ‘you have cancer’ can affect so much more than your health — it can also affect your family, your job, even your ability to pay the bills. But you’re still you. We get that. And, after over 100 years of helping people through cancer, we get what’s most important: that you’re treated as a person, not just a patient.

It’s why we’ll take the time to understand you and all that matters to you, so we can help you get the support you need to take care of your health, protect your personal relationships and deal with money and work worries.

We’re here to help you find your best way through from the moment of diagnosis, so you’re able to live life as fully as you can. For information, support or just someone to talk to, call 0808 808 00 00 or visit macmillan.org.uk.

Media & PR at Macmillan

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We are the Media and Public Relations team at Macmillan Cancer Support. Get the latest news here: https://medium.com/macmillan-press-releases-and-statements

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