RICS has confirmed the formation of the Pilot Consumer Working Group (PCWG); an advisory panel which will act in the interests of consumers to help shape the way in which RICS develops professional standards and approaches the regulation of the profession.
The PCWG is established by the Standards and Regulation Board (SRB) as a sub working group and will report to the Board on consumer issues and the extent to which regulation is effective in the public interest. Its formation represents one of the final remaining recommendations from the Bichard review (published in June 2022).
The PCWG will advise SRB and any other governance groups and formulate and recommend a model for a future permanent consumer insight group (if necessary). The group will focus on guiding RICS and its members to provide the best possible outcomes for consumers, from regulating new services to bringing consumer concerns to light. It will exist to support RICS in protecting consumers as well as championing their needs and expectations.
The PCWG will launch in April 2024, and is due to operate for 12 to 18 months before being subject to a review.
The PCWG is formed of individuals with extensive independent consumer advocate experience, and those from major consumer organisations. Its members have been chosen for their capacity to represent the broad interests, aspirations, and concerns of UK consumers of surveying services.