The warning comes as FCA suggests its advice proposals could reduce broker-led sales by up to 7.5%.

The warning comes as FCA suggests its advice proposals could reduce broker-led sales by up to 7.5%.
Specialist residential and HMO products have seen some of the largest reductions.
The lender says the new mortgage division will offer a more joined-up approach to distribution and better service for brokers.
Pill says the quarterly pace of 0.25% Bank Rate cuts seen since last summer is too rapid given the inflation outlook.
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Afin will be able to offer a quicker and more efficient service to its intermediaries.
90% LTV lending on new build houses and 85% LTV lending on new build flats is available now from Gen H.
All leads will be validated for LTV, age and property value with customers pre-qualified and appointments booked.
The Society has introduced a new three-year fixed rate product to the range.
The lender is also launching a new larger loan offering.
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