Related topic: Technology

Firms are being urged to review their systems as new guidance sets the standard for customer vulnerability management.

OPDA says the review gives brokers a "unique opportunity to deliver transformational change".

The new partnership aims to deliver faster and more accurate lending decisions and deeper property insights.

Paragon launched the streamlined service for single self-contained properties in the summer.

Only 31% of execs are confident they have the right skills and strategies in place.

The insights can help lenders design propositions that more accurately reflect real market needs. 

The new approach can be used for residential remortgage, unencumbered and second charge loans.

The AI assistant aims to enhance productivity, personalise advice, and streamline client interactions.

The research also shows that 67% of consumers are happy with an online-only advice service.

The project will help the FCA better understand how AI could shape UK financial markets and inform its future approach to the technology.