In readiness for the new rules relating to Defined Benefit Transfers (FCA Policy Statement PS20/06) applicable from 1st October 2020, ATEB Suitability intelligent report writing software has been upgraded.
This upgrade includes:
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ATEB Compliance offers compliance and regulatory advice.
ATEB Suitability provides report writing software for the financial services market.
One of the key benefits that our clients who use ATEB Suitability intelligent report writing software gain is that updates required by changes in regulation or tax legislation are taken care of by ATEB. Users simply need to create a report, safe in the knowledge that the output will be compliant and up to date.
So we are proud that, yet again, our software colleagues in ATEB IT have delivered a significant update bang on time.
The FCA’s latest business plan indicates where their focus will be. Read this to understand how some of these affect you.
Further to the Budget 2016 announcement and recent Mortgage Credit Directive implementation please note the following changes to ATEB suitability for your records. Effective from midnight 21st March 2016 – APR replaced with APRC for Mortgages; – APRC definition added to Mortgage Glossary of Terms. Effective from midnight 1st April 2016 – Update to Stamp Duty […]
We are pleased to announce the appointment of Alistair MacDougall as Technical Manager. Alistair brings a wealth of industry experience to ATEB, having worked in Financial Services since 1973. Previous roles include Head of Academy for Capita/Lloyds Bank and a variety of senior management roles for a national IFA. Alistair founded and ran a consultancy […]
Overview and comment on the FAMR.
Second mortgages and independence
Alistair MacDougall Compliance 2016, FCA, Mortgage
New rules came into effect on 21 March around advising on second charge loans. How do they affect independence?