Insurance Regulation

FCA Issues New Rules on Consumer Debt During Corona Emergency

The Financial Conduct Authority (FCA) has today confirmed a package of targeted temporary measures to help people with some of the most commonly used consumer credit products. The move effectively gives the green light to […]

Insurance Regulation

Corona Update: FCA Issues Mortgage & Loan Payment Advice

The FCA has today published new guidance for mortgage lenders and administrators, and small business lenders. This supports the announcements made by the Chancellor earlier this week. Interim Chief Executive, Christopher Woolard said: ‘We want to […]

Insurance Regulation

FCA Takes Action Against Rix Motor Company – Again

The Financial Conduct Authority (FCA) has banned a number of online adverts issued by Warrington based, Rix Motor Company Ltd (Rix). As more people choose to lease cars rather than buy them outright, the matter […]

News

Go Compare Says UK Drivers Paying Extra £544m For Monthly DD Option

Paying monthly for car insurance is costing UK drivers an estimated £544m a year in interest, according to a new study from GoCompare Car Insurance. The comparison site looked at the actual amount added to […]

News

Fed Up of Rubbish Savings Rates? FCA Aims to Win Better Deal for Consumers

The Financial Conduct Authority (FCA) is proposing to reform the easy access cash savings market. Under new rules all firms will have to set a single easy access rate (SEAR) across all easy access accounts. […]

Insurance Regulation

FCA Action Against Xcore Highlights Investment Scam Risks

Following an application by the FCA, the High Court, on 14 May 2019, declared that Xcore Capital Limited (Xcore) and Jonathan Chitty had carried on an unauthorised investment scheme. The scheme took in at least […]

News

Help To Buy Loans Reaching Maturity, Just as Interest Rates Set to Rise

A specialist team of conveyancing solicitors and property lawyers have extended a helping hand to homeowners facing looming interest rates by offering an expedited route to redeeming their Help to Buy loan, as thousands of […]