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Two-thirds of lenders not ready for Consumer Duty: Moneyhub

Two-thirds of senior figures at banks and building societies say they are not ready for the new Consumer Duty rules, although 87% of them agree that the sweeping new regulations “will have a significant impact” on how they do business.    Another 22% of chief executives, chairs and directors at these institutions do ....

Samantha Seaton , Financial Conduct Authority , Opinium Research , Consumer Duty ,

Moneyhub Secures £35M From Legal And General, Lloyds Banking Group

Moneyhub Secures £35M From Legal And General, Lloyds Banking Group
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L&G and Lloyds make £35m Moneyhub investment

Legal & General (L&G) and Lloyds Banking Group have made a £35m investment in open finance platform Moneyhub, with an additional £5m debt facility provided by Shawbrook. ....

United Kingdom , Wian Pieterse , Samantha Seaton , Kirsty Rutter , Lloyds Banking Group , Banking Group , Lloyds Banking Group Plc , Legal Amp General , Wian Pieterse , Kirsty Rutter , Samantha Seaton ,