FCA delays PPI deadline decision

complaints fca

December 9, 2016

In August the regulator said it was considering a July 2019 cut-off for PPI claims and would decide before the end of 2016, but the decision has now been put back to the first three months of next year.

Hodge Lifetime joins MCI panel


December 9, 2016

The lender offers products for the retirement market including an over-55 residential mortgage and a range of equity release options.

Mortgage Brain develops second charge system for Tenet

keyboard typing keys

December 9, 2016

The system features a panel of second charge lenders in Shawbrook Bank, Precise Mortgages, Paragon Personal Finance, Masthaven Bank and Step One Finance.

Aldermore appoints head of intermediary distribution from RBS


December 9, 2016

Evans had a 30 year career at NatWest and RBS, eventually rising to head of intermediary mortgages and then national sales director for an RBS subsidiary.

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Coventry reduces 2-year fix to 1.29%


December 9, 2016

At the same time the society has reduced its 65% LTV buy-to-let mortgage from 1.99% to 1.79% with a £1,999 fee.

Dave Edwards appointed commercial director at Personal Touch


December 9, 2016

Edwards is member services and IT director who joined in 2010 to oversee the implementation of the Retail Distribution Review.

Legal & General appoints CEO of GI business


December 9, 2016

Agius will move from being head of the L&G UK’s strategic pension risk transfer team.

FCA to extend mortgage rules to crowdfunding

FCA financial conduct authority

December 9, 2016

The regulator will consult on whether to tighten up crowdfunding in such a way in the first quarter of 2017, while it also proposed strengthening rules on wind-down plans in the event of platforms failing and restrictions on cross-platform investment.

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