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Advisers urged to take action ahead of consumer duty deadline

Advisers urged to take action ahead of consumer duty deadline
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Equity-release-council

Number of equity release customers drops as borrowers wait for rates to fall

There were 4,698 new customers in the first three months of this year, which is 11% lower than the last quarter of 2023.

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Equity-release-council
Equity-release

ERC urges advisers to take action ahead of consumer duty deadline

ERC urges advisers to take action ahead of consumer duty deadline
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ERC offers guidance to advisers ahead of Consumer Duty changes – Mortgage Strategy

The Equity Release Council has warned advisers they will need to review older lifetime mortgage cases, as these will shortly fall under the new Consumer Duty rules. From July 31 the Financial Conduct Authority’s Consumer Duty rules will include previously sold products and ‘closed’ books of business as well as new

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Erc
Fca

ERC urges advisers to take 'proactive approach' for closed book Consumer Duty deadline

ERC urges advisers to take 'proactive approach' for closed book Consumer Duty deadline
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