FCA fines Lloyds Bank group £64m for failings

The Financial Conduct Authority has fined Lloyds Bank, Bank of Scotland and The Mortgage Business over £64m for failures in relation to their handling of mortgage customers in payment difficulties or arrears.

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Fintech launches abridged DB advice service

Fintech firm Wealth Wizards, which combines Chartered Financial Planning and robo advice, has launched an automated ‘algorithmic’ abridged advice service for DB transfers.

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FCA launches DB transfer probe into Lighthouse 

The FCA has launched a probe into DB transfer advice given by advisers at Lighthouse Group - now part of Quilter.

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Editor’s Column: It’s a ban - or is it?

The FCA’s long awaited DB transfer review was published today with, seemingly, a ban on contingent charging which turns out to be not a complete ban after all.

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