The lender has placed an income multiple cap of 4.75 times income on all residential applications.
Regulator confirms fine after Upper Tribunal decision in May.
The Financial Ombudsman Service has reported a 46 per cent drop in year-on-year complaints between April and June.
Serious Fraud Office launches inquiry into allegations Carney says could be bigger scandal than Libor.
With one of the worst protection gaps in Europe, what will it take to address the issue?
With a lack of detail around the complaints long-stop and a potential Cobs breach not yet ascertained, advisers would be wise to act in accordance with there being no shelf life to their liability.
It is disheartening that some Sipp providers have lobbied for commercial property to be a non-standard asset under forthcoming capital adequacy rules.
More answers needed before firms can develop simplified advice models with confidence.
Why is it so hard for the FSCS to ask the consumer for their sort code and account number and simply transfer the cash?
Anyone who is or has ever been a parent will know what it is like to inspire a young child to engage in worthwhile activities.
Advisers more scared of FOS than FCA, says PFS president.
FCA Inducement News
Malcolm Streatfield says the network’s arrangements with providers have always complied with FCA rules.
IFP Conference 2013
Succession boss tells advisers clients do not want to be advised by “someone they think is poor.”
The Big Interview
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Use the quieter summer months to determine which areas of your business might benefit from a modular charging structure
Higher net worth clients may seem desirable but can pose all kinds of compliance and legal problems.
The FCA has indicated increasing intolerance for non-compliance, so we are likely to see regulatory action if there is no improvement.
Advisers sometimes overlook the appropriateness of underlying risk assets, resulting in complaints.