Related topic: Regulation

The drop in enforcement activity coincides with growing evidence that mortgage fraud is both increasing and becoming harder to detect.

Will Hale, CEO of Key Equity Release, says advice processes and philosophies have not evolved with product innovation in later life lending, nor adjusted to the new realities of...

The report identifies four major AI driven shifts likely to impact retail financial services.

The scheme has been partially suspended following legal challenges and the FCA has admitted the possibility of the scheme being scrapped.

‘Mandatory signposting of all later life lending options can help stave off the retirement crisis’, Harris argues.

The guide highlights the benefits of information sharing in protecting firms and clients, while strengthening the sector's collective response to economic crime.

Action has now been taken against CACEIS UK, Sapia Partners and Barclays Bank UK.

Sebastian Murphy, group director at JLM Mortgage Services, says if the regulator itself is now describing a profession that helps consumers navigate financial decisions from their...

The guidance helps firms apply the FCA's updated rules and guidance on non-financial misconduct. 

"We want to see advice that supports informed, confident decision-making across all available options", Aladhal said.