Regulation

RBS sets aside £400m for SME redress

The Royal Bank of Scotland (RBS) is establishing a new complaints process, overseen by a retired...

Six banned over unauthorised collective investment scheme

Scott Crawley, Daniel Forsyth, Adam Hawkins, Ross Peters, Aaron Petrou and Dale Walker have...

Prudential offers full service access via British Sign Language

Prudential has become the first UK retirement product provider to introduce a web-based video...

FCA consults on ‘mission’

The Financial Conduct Authority (FCA) has launched a consultation on its Mission. The Mission is designed...

Bridging lender receives BTL authorisation

Kuflink Bridging has received notification from the Financial Conduct Authority (FCA) that it has...

Regulator bans fraud pair from any financial service activity

The Financial Conduct Authority (FCA) has banned two individuals from performing any function in...

New CeMAP diploma introduced

A new, higher-level CeMAP qualification is being launched by The London Institute of Banking &...

FCA to consult on arrears remediation guidance

The Financial Conduct Authority (FCA) is to consult on new guidance on the treatment of...

Amicus applies for banking licence

Amicus Finance plc has submitted a banking licence application to the Prudential Regulation Authority...

No systemic failure in enhanced annuity sales

The Financial Conduct Authority (FCA) has published the findings of its thematic review of...

FCA takes action against payday lender

The Financial Conduct Authority (FCA) has banned Andrew Barry Hart, the sole director, controller...

FCA outlines diversity and inclusion commitments

The Financial Conduct Authority (FCA) has published targets for the Women in Finance Charter. The...

Master brokers “should be fully CeMAP qualified”

Fluent for Advisers has argued that all master brokers and distributors providing second charge services to...

Aviva fined £8.2m over outsourcing failures

The Financial Conduct Authority (FCA) has fined Aviva Pension Trustees UK and Aviva Wrap...

COMMENT

AI doesn’t remove bias. It gives us the chance to manage it

One of the great promises of artificial intelligence has always been objectivity. Machines, unlike people, do not have bad days. They do not favour...

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal leasehold system to an end,” of returning power to homeowners...

Managing cashflow and risk in today’s turbulent market

Over the past decade buy-to-let landlords have become accustomed to operating in a market where it can often feel like change is the only...

Is there such thing as a ‘typical borrower’ anymore?

What is a typical borrower? A few decades ago, it would have been a salaried employee, single source of income and, most likely, a...

Private credit has reached its next stage of maturity

Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations of poor governance or a significant loss inevitably lead to...

Latest news

Auction sales rate falls as buyers become more selective

The proportion of property auction lots sold fell to 64.7% in July as buyers...

Untangled completes Ampla Finance rebrand with new website

Specialist lender Untangled has launched a new website, completing its transition from Ampla Finance. The...

L&G cuts rates for new optional payment lifetime mortgages

L&G has introduced rate reductions of between 0.01% and 1.00% for new customers taking...

Mortgage payments are leading source of financial pressure for borrowers

More than half of UK mortgage holders worry about their repayments at least once...

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