The tool aims to help advisers fulfil the consumer understanding outcome of the FCA’s Consumer Duty.
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Momentum appears to have stalled with fewer buyers registered in February 2024 than in February 2023.
62% of mis-selling and suitability complaints were upheld compared with 49% the previous year.
The funding will be used to expand the scope of the network to include mortgage brokers and lenders.
All regions saw an improvement in annual rate of change in first quarter of 2024.
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The FCA recently launched a review innto how firms approach and treat customers in vulnerable circumstances.
Sales agreed are up 9% compared to a year ago.
The inquiry will consider digitisation, a potential ban on referral fees, and a mandatory professional qualification for estate agents.
FCA warns firms and finfluencers to keep their social media ads lawful.