It is all too easy to focus on business and clients and be oblivious to a changing market place and regulatory climate.
Second charge regulation has undergone significant changes over recent years and since 2016 the same FCA regulation has applied to second charge as it does to the first charge market.
Your industry is evolving rapidly, increased scrutiny from FCA, the lender-distributor relationship, service levels, technological advances, government interventionist practices, access to information via the internet, the UK’s growing compensation culture – all have an impact on your business and how your client perceives you and the value of your advice.
If you are to continue to develop your business with a promising future, it is important that you understand the issues.
With AFB providing independent information for you to form your opinions, unbiased towards a particular product or company, you can be informed and stay ahead of change to ensure you thrive