FSCP urges Budget focus on mortgages and later life products

It has issued a plan for the industry ahead of Osborne's Mansion House speech tonight, in which he is expected to announce a massive regulatory shake-up. The proposals highlight what the panel sees as the ten priorities for the future of financial services. Top five in the list are: offer straightforward products which "do what they say on the tin"; treat customers fairly; relevant and unbiased advice; responsible lending in the mortgage market and better banking. Dependable later life products, intelligent regulation, making firms play by the rules, pursuing effective redress ...