Last minute rush for Help To Buy ISAs
As of November 30, it is no longer possible to open a new Help To Buy ISA, which was introduced by the Government in 2015 to assist individuals to save [...]
ONS reveals large increase in household debt
The Office for National Statistics (ONS) has published new data showing that average household financial debt has risen by 11% in two years. However, much of the increase is accounted [...]
FCA calls on firms to improve their operational resilience
The Financial Conduct Authority (FCA) has called on authorised firms to examine their ‘operational resilience’ and to make changes and improvements to their procedures where necessary. The FCA says the [...]
SM&CR is finally here
With the exception of a few niche areas such as benchmark administration, December 9 2019 was the date from which the Senior Managers & Certification Regime (SM&CR) applied across all [...]
What the election result means for financial services
Boris Johnson and the Conservatives can look forward to another five years in government after winning the General Election with a majority of 80. The initial reaction to the result [...]
Guarantor lender admits it has been asked by FCA to make improvements
As reported in The Times and other publications, one of the UK’s guarantor lenders has admitted that the Financial Conduct Authority (FCA) has requested that improvements are made to the [...]