FCA monitoring equity release market
And mortgage lending
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...
More on Equity release
Equity release clients go back to basics during lockdown - Canada Life
Once-in-a-lifetime out, necessities in
Equity release market growth stalls in 2019
£3.4bn released last year
Chris Flowers: The Generation Game
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
Alice Watson: Home truths
PA360 revisited
Rob Miles: Don't leave property wealth out of retirement planning
Lifetime mortgages
More news
HMRC weighs ISA ban on 'new' property fund investments
Response to FCA's planned 180-day notice period
SL Aberdeen's advice arm 1825 unveils new leadership team
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.
FSCS begins accepting claims against Guinness Mahon; already received 961 complaints
Entered administration in February
Workplace schemes mandated to 'nudge' members into pensions guidance
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
