Topic: Regulation
FCA
Tightened eligibility but higher payouts: FCA reveals final details of £9.1bn redress scheme
Vulnerability
Data protection not a barrier to collecting and sharing vulnerability data, FCA and ICO say
Vulnerability
New calculator highlights gaps in identifying vulnerable customers
Vulnerability
New 'outcome survey' launches to bridge Consumer Duty validation gap
FCA
FCA confirms simplified advice proposals
PRA
PRA fines The Bank of London and its parent company £2m
Review
Mortgage brokers risking £300,000 fine under new fake review laws
Appointed Representative
Fewer networks, greater opportunity: AR consolidation creates opening for high-quality brokers
FCA
FCA to look at adviser fees, sourcing systems and holistic advice in new later life mortgage study
FCA
FCA launches investigation into Market Financial Solutions
Targeted Support
IFAs say targeted support will push more clients to seek advice
Government
Lords vote to remove mandation power from Pension Schemes Bill
FCA
FCA confirms new incident reporting and third party rules
Government
Widespread concern over proposed government involvement in pension investment
FOS
FCA and FOS confirm policy changes to modernise redress system
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Iress
Iress announces major upgrade to Xplan Mortgage platform
Mortgage Rates
Barclays relaunches sub-4% mortgage rate
Lloyds
Lloyds partners with Connells and LMS to launch fully digital homebuying journey
FCA
FCA sued over compensation scheme that 'significantly underestimates harm'
FCA
FCA announces changes to streamline senior managers regime
Bank Of England
Bank of England holds interest rates at 3.75% in 8-1 vote