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Singled out

The Financial Services Authority recently wrote to regulated firms stating that sales of single premium payment protection insurance for unsecured lending should cease by May 29 – some 17 months before the ban on single premium PPI policies comes into force.

Also, it seems the Financial Ombudsman Service is taking account of the rule changes early by adopting a tougher approach to customer complaints.

So don’t wait for the rules to be implemented, look for alternative products now and start to redefine your business model before the FOS does it for you.


Broker banned for misleading FSA

Renbe Associates has been banned by the Financial Services Authority for submitting false and misleading information to the regulator.

Finance is only one hurdle for small developers

The housebuilding market in its current form simply isn’t working. We are completely over-reliant on the biggest players in the industry – the largest nine are responsible for more than 50 per cent of the new homes built in the UK. But there is a reluctance to do more, particularly in this uncertain post-Brexit world. And with […]


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