Related topic: FCA

The FCA found Sapia did not put enough safeguards in place to protect client money.

Adviser numbers have remained broadly steady at around 31,000 since 2023, despite a 15% fall in the number of authorised advice firms since 2021.

Consumer Voice believes consumer redress has been minimised in order to protect lenders.

The plans will halve the SM&CR’s regulatory burden on firms.

Firms are testing AI-enabled targeted support for investments, credit score insights for consumers, anti-money laundering detection, and Know Your Customer.

86% of brokers believe lenders need to develop products that support a broader range of financial circumstances.

The FCA has published its vision for open finance, setting out how consumers and businesses could gain greater control over their financial data to help them access financial products,...

Remortgages with new lenders using MAAs up 126% year-on-year, but ‘plenty of scope’ for more consumers to benefit.

Of those who have never sought professional advice, 31% haven’t done so because they feel they don’t have enough money to make advice worthwhile.

Andrew Gething, managing director of MorganAsh, outlines how firms can ensure that everything from everyday interactions, right through to exceptional processes – like a redress...