Regulation

FCA fines Tesco Bank fined £16.4m for cyber security failures

The Financial Conduct Authority has fined Tesco Bank £16,400,000 for failing to exercise due...

Citizens Advice super-complaint includes mortgages and GI

Citizens Advice has submitted a super-complaint to the Competition and Markets Authority (CMA) calling...

Not smooth sailing for FCA comparison tool development

When the FCA’s Mortgages Market Study Interim Report came out, there were a number...

Another Sunny Loans TV ad banned

Elevate Credit International, which trades as Sunny Loans, has been told by the Advertising...

FCA recruits new competition director from CMA

The Financial Conduct Authority (FCA) has appointed Sheldon Mills as its new director of...

Sunny Loans ad banned by watchdog

A Sunny Loans ad has been found to have given misleading impression that the...

Credit score provider merger referred on competition grounds

The Competition and Markets Authority (CMA) has referred Experian’s purchase of ClearScore for an...

FCA begins crowdfunding consultation

The Financial Conduct Authority (FCA) is proposing to change to the rules for crowdfunding...

Loan directors banned for misleading customers

The Financial Conduct Authority (FCA) has banned four former directors and shareholders of Secure My...

“Baffling patchwork” of housing complaint schemes and routes

Ombudsman Services (OS), which is withdrawing from handling complaints in the housing and property sector next...

FCA challenged to do more to support professionalism in UK financial services

A financial services alliance with a combined global membership of 200,000 is challenging the...

FCA clarifies fairer treatment of regular premium PPI complaints

The Financial Conduct Authority (FCA) has issued a consultation paper on new guidance about...

Regulator proposes directory of financial services workers 

The Financial Conduct Authority (FCA) has proposed a new directory to help consumers and...

FCA wants improvement in servicing those with pre-existing medical conditions

The Financial Conduct Authority (FCA) has published feedback on its Call for Input (CfI)...

COMMENT

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...

What building the future means for mortgages

Earlier this month I attended the Abundance 360 summit in Los Angeles, Peter Diamandis’s annual gathering of entrepreneurs, scientists, tech CEOs and investors who are,...

Five things brokers across the country are telling me right now

The thing I’ve always enjoyed most about working in the specialist mortgage market is the people. I’m lucky that a big part of my job...

The FCA has made the case for holistic mortgage advice

Last Thursday, the head of the FCA stood up at the JP Morgan Pensions and Savings Symposium and dropped a line that deserves more...

Technology’s biggest challenge is not the one you think

There is a version of the mortgage technology story that gets told at conferences and in trade press with some regularity. It involves platforms, disruption...

Latest news

Millions unclear on cost of credit as gaps in financial understanding persist

Millions of UK adults are using credit without fully understanding borrowing costs or how...

UK house price growth slows as London slips into decline

HM Land Registry’s latest UK House Price Index shows the average property price across...

FCA to extend conduct rules to cover bullying and harassment

Mortgage brokers, lenders and other regulated firms will have to tighten their internal conduct...

Solar and heat pump rules could push up mortgage prices

New rules forcing developers to install solar panels and low-carbon heating systems on most...

PROFILES