LiveMore has published a white paper entitled: “Consumer Duty: why later life lending is about to change forever”.
The mortgage lender for people aged 50-90+ says Consumer Duty represents a chance to level up as an industry.
The white paper looks at what Consumer Duty rules mean in practice, in particular what it can do for later life lending where much needs to change.
Leon Diamond (pictured), CEO and founder of LiveMore, said: “Let’s make 2023 the year of consumer power. Consumer Duty is an opportunity for the financial services industry to make a fresh start and bring about a bright future.
“Our white paper is a comprehensive, enlightening document that I invite all brokers, lenders and other industry professionals to read.
“It is vital that we provide customers with all the options available to them, while offering advice that’s transparent and always in their best interests.”
The whitepaper can be downloaded here: https://livemoremortgages.com/intermediaries
