FCA outlines assertive supervisory plans for wealth management firms Earlier this month, the FCA published a 23/11/23 Read more
Why are equity release and later life mortgages in the FCA spotlight? The FCA highlights the ongoing risk of poor outcomes for later life mortgage borrowers 14/11/23 Read more
News Four steps to building an effective Retirement Income proposition In June, the FCA re-iterated its focus on retirement income as a regulatory priority, requesting information 13/11/23 Go to article
Consumer Duty: Are your Governance fundamentals well grounded? As firms prepare to demonstrate that the Consumer Duty has been effectively implemented within 07/11/23 Read more
Press Release World Mental Health Day 2023: Why it matters Today, TCC and Recordsure are proud to be celebrating the World Mental Health Day (WMHD) initiative, 10/10/23 Read more
News Why firms need to be challenging themselves on price and value In the run-up to the Consumer Duty, the regulator called on firms to re-examine their charging structures 26/09/23 Go to article
Consumer Duty and fair value: where are you now? After years of consultation and planning, the 20/09/23 Read more
Almost 400 later life mortgage promotions identified as misleading The FCA has published the findings from its 19/09/23 Read more
The impact of the cost-of-living crisis on debt consolidation With falling energy prices, economists are forecasting that the UK’s inflation rate will 12/09/23 Read more
Firms urged to be proactive in identifying vulnerable characteristics in pension transfer customers The FCA has reiterated the importance of firms being alert to indicators of potential vulnerability 06/09/23 Read more
A peak of interest-only mortgages is set to mature in less than a decade Mortgage firms should act now to support ‘challenged’ borrowers who may struggle to repay 17/08/23 Read more
Press Release Business Systems, TCC and Recordsure join forces to provide comprehensive expertise and guidance on new Consumer Duty regulations Business Systems, TCC and Recordsure are combining their wealth of expertise to provide advisory services and ongoing support for the new Consumer Duty regulations 16/08/23 Read more
FCA warns of risk posed by poor mortgage advice amid cost-of-living crisis Following on from its 2020 review work with firms involved with Lifetime Mortgages, the FCA mentioned 03/08/23 Read more
News FCA publishes Guidance Consultation on Financial Promotions on social media In the FCA’s Business Plan for 2023/24, it prioritised reducing and preventing consumer harm, 02/08/23 Read more
News FCA announces updates to Handbook in support of Government’s Mortgage Charter The Mortgage 01/08/23 Read more
News FCA issues new customer support guidance for insurance firms The Financial Conduct Authority, in conjunction with the Government, continue to press the financial 01/08/23 Read more
News Three key themes from the FCA’s Fair Value assessment review Published in May 2023, the FCA's Consumer Duty price and value assessment review examined the frameworks 21/07/23 Go to article
AI RegTech helps mortgage firms monitor and evidence outcomes Fixed-rate mortgages continue to dominate the headlines, as 19/07/23 Read more
The need for mortgage providers to deliver good outcomes for customers facing financial difficulty An unfortunate but sadly unavoidable side effect of the current cost-of-living crisis is 19/06/23 Read more
Why mortgage providers should be reviewing their compliance and focusing on resolving issues now The number of borrowers struggling to keep up with bill and credit payments has 09/06/23 Read more
Consumer Duty: what does the FCA expect from SIPP operators? On 12th May, the FCA published its latest Dear 06/06/23 Read more