Related topic: Regulation

‘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.

Recent reviews by the FCA have highlighted significant weaknesses in board reporting across the sector.

Proposed reforms also include changes to retirement interest-only and mortgages for self-employed borrowers.

The FCA is investigating allegations that signatures have been forged.

A third of leaders say they do not know who should be accountable for AI-driven outcomes affecting vulnerable customers.