July 17 – The second half
As Brexit now assumes inevitability, we are beginning to see firms that need a European trading hub deciding where they will relocate some core activities. They will delay transfer as long as possible in case deals are agreed, but without unfettered trading access we will see job losses in the UK and adverse impacts on […]
July 17 – Later Life Borrowers
There is a lot of effort going into addressing the issues faced by older consumers, and it is encouraging that the industry is making such positive steps together in this area. It is also very timely considering the FCA’s current focus on the ageing population, with its analysis and recommendations due in September. The recent […]
June 17 – Cyber Security
Recent global attacks, a regulatory focus on cyber risk and new data protection legislation mean now is as important a time as ever for firms to review their cyber security strategy.
June 17 – Digital innovation through the lens of technology
Innovation in the mortgage market has been a key focus in the past 12 months with emerging firms issuing glossy PR and the FCA opening up its regulatory sandbox for risk free advice. In addition it is clear that the Mortgage Competition Review will look to see if digital can deliver better informed consumers. There has […]
June 17 – Cyber risks
The global spread of the WannaCry ransomware last month should be a wake-up call for businesses to review their cyber security infrastructure, as no sector or type of firm is immune from attacks. This is particularly relevant considering the implementation of the General Data Protection Regulation next May which requires firms to understand how they […]
June 17 – The rising tide of consumer credit
Following various high profile warnings over rising consumer debt, the Financial Conduct Authority has said it will review the sector. This covers credit cards, personal and unsecured loans and car finance, the latter of which has ballooned in recent years with the popularity of personal contract plans. Latest figures from the Bank of England show […]
June 17 – Consumer Credit Authorisation – Debt Management Limitation (update)
In April we issued a newsflash following the recent FCA changes around the debt activity permissions.
May 17 – Shifting Markets
Speculation over the stability of the UK economy, following Brexit and the decision to call a General Election, is rife.
May 17 – Wider conversations with customers
There have been a number of recent changes in the market that impact the wider conversations that advisers have with customers and AMI has been providing guidance to members. This includes the recent introduction of the Lifetime ISA (LISA) and how it interacts with other savings products. The LISA is a more complex product than […]
May 17 – Consumer Credit Authorisation – Debt Management Limitation (update)
Last month we issued a newsflash following the recent FCA changes around the debt activity permissions.
