The proposals seek to ensure that the 'polluter pays' for the redress costs they generate.
Related topic: Regulation
The platform now gives more options on what to ask in the questionnaire and what areas to assess.
WWFS provided unsuitable pension transfer advice, largely to members of the British Steel Pension Scheme.
Matt will help TMG ensure its compliance function is in line with industry and regulatory expectations.
Bankhall’s MO offers ongoing detection, analysis, and tracking functionality in line with the Consumer Duty outcomes of continual development.
Less than half of regulated firms (46%) ‘often’ complete verification checks.
Barreto dishonestly inflated the mortgage applicant’s income in their application to the lender.
Neal Jannels, managing director of One Mortgage System, explores how service providers and tech partners can help support the core Consumer Duty principles to deliver the right...
Paul Glynn, CEO of Air, explores how advisers are adapting to Consumer Duty rules in the first three months since implementation.
Three-in-ten disabled households are in serious financial difficulty, compared to just one-in-ten non-disabled households.