The Department for Works and Pensions (DWP) has produced a factsheet for pension scheme providers but which will be of interest to advisory firms.
It aims to clarify two issues, namely:
You can access the factsheet here.
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In this age of litigation, it is pretty staggering to see that even the DWP has included a legal disclaimer in this guidance.
Nevertheless, it provides a useful source of information.
Read the factsheet carefully and file for future reference.
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Mortgage Responsible Lending Update
Alistair MacDougall Compliance 2019, FCA, Mortgage, Switch, Update
The FCA has published the first summary of the discussions from the responsible lending implementation group.