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Equifax fined £11m over ‘entirely preventable’ major cyber-security breach

Equifax Ltd has been fined £11,164,400 over its role in one of the largest cyber-security...

  • Oct 13, 2023
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Where next for equity release? – Crane

It’s hard to comprehend that in 2023 we are still talking about the need for the equity ...

  • Oct 04, 2023
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Farage-inspired ‘de-banking’ review reveals zero accounts closed solely due to political beliefs – FCA

Not a single account was closed in the past year primarily due to a customer’s political...

  • Sep 20, 2023
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Landlords warned over offering pensions and loans advice

The landlords of shared ownership properties have warned they may face enforcement action ...

  • Aug 30, 2023
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Fewer than one million interest-only mortgages outstanding

The number of interest-only mortgages has halved since 2015, now standing at 750,000 and p...

  • Aug 15, 2023
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Vernon BS becomes latest lender to sign up to the mortgage charter

Vernon Building Society has now joined the majority of UK lenders in signing up to the gov...

  • Jun 28, 2023
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Scope, FCA vocabulary and prioritisation top concerns for brokers around Consumer Duty

Brokers are most commonly asking questions around the scope of Consumer Duty, the meaning ...

  • Jun 27, 2023
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Number of struggling borrowers jumps by three million in one year – FCA

The number of people struggling to meet bill and credit repayments has risen to 10.9 milli...

  • May 17, 2023
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‘Massive variation’ in SVR could come under scrutiny in Consumer Duty

Lenders’ standard variable rates (SVR) have a “massive variation” typically varying ...

  • Apr 27, 2023
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Deja vu for brokers over FCA’s mortgage lender intervention ‒ analysis

Brokers have suggested that the FCA’s directions for lenders over how to help struggling...

  • Mar 14, 2023
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