The Financial Conduct Authority (FCA) is undertaking "exploratory work” to understand equity release and later life mortgage lending over fears improper advice may have been given to older clients.
PA understands the regulator's supervision team is investigating the equity release sector and mortgage lending to older borrowers as it fears they could have been given incorrect advice. This is Money...
Once-in-a-lifetime out, necessities in
£3.4bn released last year
To communicate equity release's wider opportunities and benefits, writes Chris Flowers, providers and advisers need to think about how best to engage not only its usual target audience but also their families
Response to FCA's planned 180-day notice period
Standard Life Aberdeen's financial advice business 1825 has made changes to its leadership team that will see joint-leaders take charge of its financial planning and advice teams.
Entered administration in February
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.