Letter sent to interim CEO Jim Harra by The Family Building Society
Commons overturns Lords amendment to increase cap to £5,000 from initial £2,000 proposal
HoL committee meeting
New ten-year limit for bringing complaints
Regulator asked to report on how well rules are working
First phase intended to ‘reduce burden’ on firms
10% higher than last year, commentators note
The ‘standout’ proposal from FCA’s advice / guidance review
Targeted support proposal could be ‘game changing’ for consumers