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May 21 – I am full up……..

BY AMI

It has become common for the Chair and Chief Executive of the FCA to bemoan that the job is impossible as they regulate too many firms.  It is important to remember, they applied for the roles and how they risk [...]

4 weeks ago / No Comments

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MAY

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May 21 – I want some more?

BY AMI

The latest FCA fees consultation is the first tangible sign we have had of how the new ruling regime at the regulator is going to treat those it authorises and supervises.  For those looking for a transparent and balanced regulator [...]

4 weeks ago / No Comments

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MAY

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Apr 21 – Looking after the most important asset

BY AMI

In taking out a mortgage, the average consumer invests in a house to build their home in.  Most consumers take out insurance to cover their buildings and contents, but it is a harder task to establish in the consumers mind [...]

2 months ago / No Comments

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APR

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Apr 21 – A bit too close to the edge?

BY AMI

I have been hearing a new clamour from the world of Equity Release that consumers need to be made aware of all the products they might be eligible for and an impetus towards the need for holistic advice.  There has [...]

2 months ago / No Comments

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APR

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Apr 21 – Still no new clothes

BY AMI

For too long we have been aware of the issues facing existing property owners where their property has “cladding”.  Mortgage brokers continually face the issue of working on behalf of consumers to find mortgages with the most appropriate lender. Although [...]

2 months ago / No Comments

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APR

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Mar 21 – Fair Value for Money

BY AMI

Under the Financial Guidance and Claims Act 2018, Parliament transferred the regulation of Claims Management Companies (CMCs) to the FCA and gave it a duty to make rules about CMC fees for claims relating to financial products and services. FCA’s [...]

3 months ago / No Comments

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MAR

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Mar 21 – Tech for Tech’s sake

BY AMI

Press headlines get me intrigued, motivated, disappointed but sometimes genuinely challenged.  “Big, dumb mortgage products” was one.  Would this be revolution, evolution or innovation? Dr Louise Beaumont, chair of the open finance and payments working group at TechUK, was cited [...]

3 months ago / No Comments

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MAR

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Mar 21 – Doing Enough?

BY AMI

As a white male who has enjoyed the privilege of a university education, bank employment and never being out of work I am always unsure when I venture into thoughts on Equality and Inclusivity.  However, I did grow up within [...]

3 months ago / No Comments

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MAR

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Feb 21 – Bailey’s grand defence

BY AMI

Why did I watch Andrew Bailey appear before the Treasury Select Committee?  Because he was being interviewed about his part in the London Capital & Finance failure and the report by Dame Elisabeth Gloster that apportioned blame on him for [...]

4 months ago / No Comments

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Feb 21 – A new regulatory worry

BY AMI

It was early November 2020 that Caroline Wayman, Chief Executive and Chief Ombudsman at the Financial Ombudsman Service, sat in front of the Treasury Select Committee to be challenged by Chair Mel Stride and other MPs on the Service’s work.  [...]

4 months ago / No Comments

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