Related topic: Regulation

Lawrence was previously authorised to give mortgage advice but had his permissions revoked in 2008.

Insurance complaints rose 10.1% while the home finance sector saw a decline of 3.8%.

Powered by Curvestone AI, the capability goes live with TMG and Connect Mortgages among the first to deploy it.

The FCA found Sapia did not put enough safeguards in place to protect client money.

Adviser numbers have remained broadly steady at around 31,000 since 2023, despite a 15% fall in the number of authorised advice firms since 2021.

Consumer Voice believes consumer redress has been minimised in order to protect lenders.

The plans will halve the SM&CR’s regulatory burden on firms.

Firms are testing AI-enabled targeted support for investments, credit score insights for consumers, anti-money laundering detection, and Know Your Customer.

Remortgages with new lenders using MAAs up 126% year-on-year, but ‘plenty of scope’ for more consumers to benefit.

Samantha will support advisers in meeting regulatory requirements, conduct audits and reviews, and coach and monitor individuals.