Regulation

Co-op Bank fined for failing to handle PPI complaints fairly

The FSA has fined The Co-operative Bank plc £113,300 for failing to handle payment...

Financial Services Bill becomes Act of Parliament

The Financial Services Bill has received Royal Assent. The Act, which comes into force from...

OFT underfunded to police consumer credit effectively

A report by the National Audit Office (NAO) has concluded that consumer credit 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...

COMMENT

Cutting stamp duty will make the housing crisis worse

Every time the housing market stalls the same thing happens and people call for stimulus, this time: abolish stamp duty. The logic feels intuitive -...

The money sitting in your back pocket that you keep forgetting to pick up

Let me give you a number. Almost half of UK mortgage holders would struggle to meet their payments within six months of losing their...

Smart Data can solve the UK’s homebuying bottleneck

For many of us, buying a home remains one of the most stressful and frustrating experiences we will ever undertake. Despite advances in digital banking,...

The 1.8 million problem nobody’s talking about

There's a number that should be keeping every mortgage firm owner awake right now. 1.8 million. That's how many fixed rate mortgages are expiring...

Lenders urged to do more as purchase market slows

High street lenders - including TSB, Lloyds, Santander, and NatWest - have all been reducing rates and making changes to their product ranges over...

Latest news

TAB promotes Bonner to chief risk officer

Specialist lender TAB has appointed Jack Bonner as chief risk officer as it continues...

Skipton BS lowers residential rates

Skipton Building Society is reducing rates across parts of its residential mortgage range from...

AMI refreshes brand to reflect advice, mortgages and insurance focus

The Association of Mortgage Intermediaries has launched a brand refresh intended to reflect its...

IMLA guide explains why fixed mortgage rates can rise before Bank Rate moves

IMLA has published a report and five-minute guide to help advisers explain how swap...

PROFILES