PM launches discount home scheme for 100,000 first-time buyers

        Professional Adviser | 15 Dec 2014 | 11:13

        The Prime Minister is set to launch a consultation into a scheme targeting those under 40 who have never owned their own homes.


        FOS rules out charging complainants

        The Financial Ombudsman Service (FOS) has ruled out charging "nominal" fees to complainants, agreeing with Parliament's view the service must be free to ensure the public's confidence in it.

        Professional Adviser | 09 Dec 2014 | 07:40

        Tyrie: The FCA must improve

        Treasury Committee chairman Andrew Tyrie has said the Financial Conduct Authority (FCA) must engage more with the regulated community and do more for consumers, as the City watchdog announced sweeping structural and personnel changes following a strategic review.

        Professional Adviser | 09 Dec 2014 | 07:39

    Other Regulation articles

      Judge's gavel

      Adviser and family of five escape jail for £1.5m mortgage fraud

      A family of five, their mortgage adviser and a solicitor have narrowly escaped jail after being found guilty of masterminding a £1.5m mortgage fraud.

      Professional Adviser | 20 Nov 2014 | 13:03

      FCA considers removing same-day complaints rule

      The Financial Conduct Authority (FCA) is considering a number of recommendations on how financial services firms can improve the way they handle complaints, including removing a rule stating that not all gripes must be reported to it.

      Professional Adviser | 17 Nov 2014 | 10:21

      The FCA is a child of crisis, says chairman

      The Financial Conduct Authority (FCA) was born in the aftermath of a crisis, so that is all it knows, but it has laid the groundwork for making markets work well again, its chairman John-Griffith Jones is expected to say in a speech on Thursday.

      Professional Adviser | 13 Nov 2014 | 12:18
      Cyber crime

      Adviser loses appeal against prison sentence

      A former mortgage adviser jailed for a £478k fraud - which included conning members of his own family - has lost an appeal against his prison sentence.

      Professional Adviser | 03 Nov 2014 | 07:33

      Yorkshire BS fined £4m for mistreatment of customers in arrears

      The Financial Conduct Authority (FCA) has fined Yorkshire Building Society £4.1m for failings when dealing with its mortgage customers experiencing payment difficulties.

      Professional Adviser | 29 Oct 2014 | 10:35

      FOS finds against equity release adviser

      The Financial Ombudsman Service (FOS) has ordered an equity release provider to repay a client the cost of a lifetime mortgage after it found the client had received bad advice.

      Professional Adviser | 21 Oct 2014 | 11:01

      FCA bans adviser over fake mortgage applications

      The Financial Conduct Authority (FCA) has banned an investment and mortgage adviser for submitting fake and misleading mortgage applications.

      Professional Adviser | 24 Sep 2014 | 11:15
      Royal Bank of Scotland

      FCA fines RBS and Natwest £14.5m over mortgage advice

      Royal Bank of Scotland and Natwest Bank has been fined £14.5m by the Financial Conduct Authority (FCA) for failings in their mortgage advice.

      Professional Adviser | 27 Aug 2014 | 07:24

      FCA calls for examples of retrospective regulation

      The Financial Conduct Authority (FCA) is seeking examples of occasions the industry suspects it may have applied its rules after the fact with the benefit of hindsight.

      Professional Adviser | 21 Aug 2014 | 14:14

      Bank of Scotland unfairly double billed customers says judge

      Bank of Scotland has been unfairly double billing customers who fell behind on their mortgages, a High Court judge in Belfast has ruled.

      Professional Adviser | 20 Aug 2014 | 07:46

      FCA ban of ex-mortgage adviser fraudster upheld

      The Financial Conduct Authority (FCA) has banned a former mortgage adviser and insurance broker from working in the financial services industry after finding he had committed a string of offences including fraud.

      Professional Adviser | 19 Aug 2014 | 11:03

      Brokers accuse FCA of lender bias

      Brokers have called for Financial Conduct Authority (FCA) staff with more sector knowledge of the mortgage intermediary industry to stop undue lender influence on regulatory decisions.

      Professional Adviser | 19 Aug 2014 | 07:46
      Banned stamp

      Disgraced mortgage director handed 13-year ban

      A director of a mortgage brokerage has been disqualified from acting as a company director for 13 years for misleading investors, the regulator and HMRC.

      Professional Adviser | 15 Aug 2014 | 08:32
      Judge's gavel

      FCA defends ‘inconsistent' FOS decision making

      The Financial Conduct Authority (FCA) has defended the Financial Ombudsman Service (FOS) from allegations of inconsistent case verdicts.

      Professional Adviser | 15 Jul 2014 | 08:13

      FCA chief Wheatley paid £610k in 2013-2014

      Financial Conduct Authority (FCA) chief executive Martin Wheatley was paid a total of £610,000 in the year to 31 March, with a basic salary of £460,000, figures published today show.

      Professional Adviser | 10 Jul 2014 | 11:15
      Man signing document

      FCA may restrict lenders' ability to alter mortgage terms

      The Financial Conduct Authority (FCA) may restrict the changes lenders can make to mortgage contracts after assessing the fairness of the existing regulations.

      Professional Adviser | 07 Jul 2014 | 11:47
      Lloyds Banking Group logo

      Lloyds caps affordability to 4x income to rein in raging market risk

      Lloyds, the UK's biggest lender, has put an immediate cap on income multiples on mortgages over £500,000 to primarily target the London market in a bid to combat the capital's swiftly rising property price inflation.

      Professional Adviser | 21 May 2014 | 10:45


    Will the FCA's ‘second line of defence’ save retirees from bad outcomes?