Simply Lifetime guide explains mortgage regs

Called ‘Enlightenment’, the Simply Lifetime guide explains how the sales process will differ under the new FSA rules, says the firm, and looks specifically at how suitable advice must be given. Although the guide is primarily targeted at financial intermediaries, James Mayne, now compliance partner at Simply Lifetime, says data should also be of interest to lenders and distribution networks looking at how the new rules will impact on their business. “Our research has shown that many IFAs are having problems navigating the FSA regulations and they would clearly benefit from a no-nonsen...