Title: New Guidance on Advised Mortgage Sales – FCA PS20/01
Date: 18th March 2020
Time: 3.30pm (GMT)
Duration: 1 hour
The changes outlined in PS20/01 are part of a package of remedies arising from the Mortgages Market Study.
These remedies aim to work together to support our objectives to ensure consumers have the information and support they need to make informed choices about how they buy a mortgage.
The FCA believe the changes will make it easier for firms to present options to consumers without giving regulated advice. They help firms make execution-only sales channels easier to use.
Similarly, recent changes to the responsible lending rules reduce regulatory barriers and help consumers get a mortgage that is right for them. This webinar will explore how these two changes complement each other to deliver the outcomes the FCA want to see.
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