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Government and FCA launch "major review" into adviser rules

The government has launched a 'major new review' into how financial advice could work better for consumers.

Special Features

Special Feature

Embedding the Mortgage Market Review: Advice and Distribution TR15/9

The FCA has issued a report (TR15/09) summarising the key findings of its thematic review into the quality and suitability of mortgage advice provided by firms following the implementation of the Mortgage Market Review.

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Latest Comments

becky scanlon
becky scanlon 03 Aug 2015

Service is so often overlooked from a business development point of view, there is always a tenancy to focus on strategy for continued growth and business development. We have tried to remember to put

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Good advice makes a huge difference to people when they are navigating their choices on savings and retirement, but the rules today have not kept pace with people's needs.

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There are a number of significant changes that have far reaching consequences and see the most radical change to insurance law for more than 100 years.

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The mortgage market got its skates on in June, playing catch-up after May's stumble in lending.

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The market is likely to become increasingly competitive in future months, as low inflation, low rates and rising wages will act as a catalyst for demand.

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The opening of the demand flood-gates is likely to drive house price inflation to new highs in the future unless more houses are built to bring balance to the market.

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magnus duke dadzie
magnus duke dadzie 22 Jul 2015

Well done to Chris and the team...Keep on tracking

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Graham
Graham 21 Jul 2015

Excellent products but 'Market leading service' - who on earth are they trying to kid? They have been the single worst mortgage company for service for years. If they can keep spouting such rubbish as

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Younger people looking to get a foot on the ladder are facing fierce competition and this, along with the lack of supply, is driving up prices at a faster rate when compared to larger properties.

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Melanie Prendivillle
Melanie Prendivillle 18 Jul 2015

Martin Wheatley is the best man for the Job. What a shame that George Osborne doesn't think so. He was the only one who knew what was going on and stopped the banks from running riot. The consumers were...

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lotuscat
lotuscat 17 Jul 2015

Should have departed long ago, seems to have lacked judgement and presided over several disasters

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Activity in the housing market has failed to reach the levels anticipated at the start of the year and this picture is backed up by today’s CML data.

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In The Spotlight

In the Spotlight with Mark Riddick, Chairman of Search Acumen

We spoke to Mark Riddick, Chairman of Search Acumen, about the importance of technological developments within the industry, and the relationship between estate agents and conveyancers. Read more

Features

Embedding the Mortgage Market Review: Advice and Distribution TR15/9

The FCA has issued a report (TR15/09) summarising the key findings of its thematic review into the quality and suitability of mortgage advice provided by firms following the implementation of the Mortgage Market Review. Read more

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