Andrew Gething, managing director at MorganAsh, says much of the focus of Consumer Duty has been on identifying vulnerable customers – but what do advisers and firms do next when...

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

The regulator's mortgage review risks undermining consumer protection, the trade body says.

One in ten people have no cash savings at all, and another 21% have less than £1,000 to draw on in an emergency.

The database outlines how to declare a customer as vulnerable to each lender.

The changes would allow lenders to provide personalised information to a consumer without triggering the need for regulated advice. 

Firms may no longer have to review the value of their product at least every 12 months under the new rules.

Less than half are very confident they are meeting Consumer Duty obligations on later life lending.

David will play a key role in the work to consolidate the PSR into the FCA.

The regulator wants to make it easier, faster and cheaper for consumers to make certain changes to their mortgage.