Firms may no longer have to review the value of their product at least every 12 months under the new rules.

Less than half are very confident they are meeting Consumer Duty obligations on later life lending.

David will play a key role in the work to consolidate the PSR into the FCA.

The regulator wants to make it easier, faster and cheaper for consumers to make certain changes to their mortgage.

In H2 2024 the total amount of redress was £236m.

The live testing service would allow firms to collaborate with the FCA while they check that their new AI tools are ready to be used.

The FCA proposes removing the EU-derived rules and to make them clearer and more accessible.

The support services provider has added support tracking to MARS.

New Consumer Duty dashboards and an enhanced Health Fact Find have launched as part of the updates.

The regulator says these returns "no longer serve a critical supervisory function".