Tag Result: fair value
Insurers and brokers still not demonstrating fair value, FCA warns
The Financial Conduct Authority (FCA) has said many insurance providers and brokers are fa...
FCA will not judge firms on ‘benefit of hindsight’ with Consumer Duty closed products
The regulator will not judge firms’ approach to closed products regarding Consumer Duty ...
FCA details expectations for insurance providers
The regulator has laid out its priorities for the insurance sector and asked providers to ...
Range in second charge broker fees is due to ‘varying complexity’ – Drake
As consumers, we inherently seek to evaluate the fairness of the price we pay for any prod...
Women over 45 more concerned about products fitting needs and fair value than men
Around half of women feel that products and services that meet individual needs are import...
Maintaining the Consumer Duty standards with lender support – Stinton
With the Financial Conduct Authority’s (FCA) Consumer Duty standards now in force, exper...
Moneyfacts widens Consumer Duty audit tool to include mortgages
Moneyfacts has widened its Consumer Duty audit tool so it is available for mortgages, foll...
Exclusive: Over half of mortgage brokers charged no fees in 2022
More than half of all regulated mortgages sold by brokers last year were not subject to an...
Revealed: Brokers’ top Consumer Duty questions
Brokers top questions around Consumer Duty are around evidencing customer understanding of...
Consumer Duty will require the sector to document what it is already doing – Accord Mortgages video
Fair value notices required by Consumer Duty rules will mostly call for the mortgage secto...