Regulation

Huge fines for UBS over LIBOR fixing

UBS Bank has been fined a total of $1.53 billion by three financial regulators...

High hopes for FCA

The Financial Services Consumer Panel expects significant advances from the new Financial Conduct Authority...

Black and White Group directors fined and banned

The FSA has taken action against three former directors of Black and White Group...

Lack of employee awareness of RDR implications

Only 21% of employees are aware that as of 2013, people will have to...

Cheshire Mortgage Corporation fined by FSA

The FSA has fined Cheshire Mortgage Corporation Limited (CMCL), £1.225 million for failing to...

FSA consults on benchmark changes

The FSA has proposed new rules and regulations for financial benchmarks. This comes after the...

Towry outlines RDR strategy

Wealth adviser Towry will be offering ‘restricted' advice on retail investment products when the...

Information disclosure not enough for consumer protection

The Financial Services Consumer Panel has warned that disclosure is not enough to guarantee...

FSA consults on temporary product intervention rules

The FSA is consulting on the approach the future Financial Conduct Authority (FCA) would...

Consumers planning to avoid advice post-RDR

32% of consumers are likely to do their own financial planning and product research...

The Leeds outlines RDR strategy

Leeds Building Society has launched its proposition for the Retail Distribution Review (RDR). Kim...

OFT reminds comparison sites over consumer clarity

The Office of Fair Trading (OFT) has written to 100 price comparison websites asking...

OFT appoints executive director

The Office of Fair Trading (OFT) has announced the appointment of Sonya Branch as...

MMR does not stop higher-risk lending, says FSA

Mortgage market stakeholders are likely to see further changes in a number of areas...

COMMENT

Complexity is rising and broker enablement has never mattered more

 For many years, success in the mortgage market was built off efficiency. If a broker understood the mainstream lending landscape, packaged cases well and kept...

Industry pushes to build next generation of home valuers

According to RICS, the average qualified surveyor is in their mid-fifties. Couple this with new entrant numbers failing to keep pace with retirements, and...

Supply side continues to drive the change agenda

Regulatory change is no longer something firms respond to periodically. It is now a permanent feature of the landscape. Whether it is capital treatment...

Searching for sunny uplands

There is a growing sense, shared quietly in boardrooms and rather less quietly over kitchen tables, that the UK has lost a degree of...

How advisers can find and secure powerful introducers to grow their business – Pt2

I hope you found my earlier article useful and enlightening and if so, please read on, as in this piece I complete the steps...

Latest news

Chancellor presses lenders to expand support for borrowers ahead of rate resets

The government has secured fresh commitments from major lenders to step up engagement with...

Suffolk BS tops £800m in mortgage assets after strong 2025 growth

Suffolk Building Society has passed £800m of mortgage assets for the first time after...

UTB eases mortgage and second charge processes with criteria changes

United Trust Bank (UTB) has introduced a series of service and criteria changes across...

Foundation returns with revised buy-to-let and residential mortgage range

Foundation has returned to the market with a revised product range across both buy-to-let...

PROFILES