Regulation

SBG gets CII accreditation for gap-fill library

Sesame Bankhall Group’s (SBG) RDR gap-fill library for advisers has been received official CPD...

Openwork to lower adviser charge on platform business

Openwork says it will "significantly" reduce the charge it makes to firms writing investment...

FSA seeks to restrict UCIS promotion

The FSA has published proposals to ban the promotion of Unregulated Collective Investment Schemes...

21 firms in default, says FSCS

The Financial Services Compensation Scheme (FSCS) has declared 21 firms in default, meaning consumers...

Half a million pound fine for payday lender

The Office of Fair Trading (OFT) has imposed a £544,505 financial penalty on the...

L&G outlines post-RDR legacy product rules

Legal & General has provided details for its post-RDR adviser charging rules for individual...

FSA takes action against City Gate

The FSA has publicly censured City Gate Money Managers Limited and banned its director...

Crucial European vote on mortgages delayed

A vote that may decide the final shape of the proposed European directive on...

‘Simple’ financial product recommendations outlined

A government steering group has published recommendations for ‘simple' financial products. Mark Hoban, Financial Secretary...

Turkish Bank fined for money laundering failings

The FSA has fined Turkish Bank (UK) Ltd (TBUK) £294,000 for breaching the Money...

Consumer Panel wants “smarter, faster and bolder” regulator

The Financial Services Consumer Panel has made six recommendations it views as essential if...

Advisers more worried by costs than RDR

Advisers believe regulatory costs are more likely to have a greater impact on future...

FSA cancel’s intermediary’s permissions

Simon Wood, trading as Wood Associates Independent Financial Services, has had his Part IV...

EU to criminalise interest rate manipulation

The European Commission has moved to make interest-rate manipulation a crime across the EU....

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COMMENT

The sourcing system effect in specialist lending

In specialist lending, the right fit for a client has never been as simple as picking the top rate from a list. In sectors like...

Why the Renters’ Rights Bill should be a wake-up call for advisers and landlords

The Renters’ Rights Bill is shaping up to be one of the most significant legislative changes to the private rented sector (PRS) in decades. Expected...

Living in a box. Am I living in a cardboard box?

More young people are living with their parents than ever before. The bank of Mum and Dad has evolved into the hotel of Mum and...

Accountants, brokers and the clash of expectations

There’s an old accountant’s joke about financial advisers: the difference between us is that advisers want to look richer than their clients, while accountants...

Rachel Geddes: Redefining what’s possible for brokers and borrowers

When Rachel Geddes picked up the phone after a job interview to ask her mum what a mortgage was, she didn’t realise she was...

Latest news

Chetwood Bank puts Alan Cleary back in the driving seat

Chetwood Bank has announced it has appointed respected industry expert Alan Cleary as interim...

Mortgage industry rallies behind Christmas charity concert

Momentum is building fast behind this year’s Christmas charity concert in aid of EveryYouth...

First-time buyers put at the heart of Treasury mortgage talks

The government will urge lenders to put first-time buyers at the top of their...

Target urges lenders to treat mortgage servicing as a strategic asset

Target Group has called on mortgage lenders to rethink their approach to servicing, arguing...