-
1 week ago | 
mortgagestrategy.co.uk | Caitlin Jordan |Kimberley Dondo
This week’s top stories: Former Metro heads breached rules on £7.4bn mortgage package and Reeves to set out 10-year multi-billion homes and infrastructure plan. Explore these developments and more:Banco Sabadell explores TSB saleBanco Sabadell, owner of TSB, is considering selling the UK lender a decade after its acquisition, having received preliminary interest from potential buyers. This move aims to raise funds amid Sabadell’s ongoing battle against an €11bn takeover attempt by rival BBVA.
-
3 weeks ago | 
mortgagestrategy.co.uk | Caitlin Jordan |Kimberley Dondo
This week’s top stories: Halifax eases rules on bonuses and overtime and almost half of landlords plan to raise rents before Renters’ Rights Bill. Explore these developments and more:MPC members explains May split decisionThe Bank of England’s Monetary Policy Committee rejected suggestions of ‘group think’ or factional voting patterns, despite apparent alignments among some members.
-
3 weeks ago | 
moneymarketing.co.uk | Tom Browne |Darius McQuaid |Caitlin Jordan
The Financial Conduct Authority (FCA) has led a coordinated international crackdown on illegal financial promotions by unauthorised online influencers, known as “finfluencers”. Nine regulators from countries, including Australia, Canada, Hong Kong, Italy, the UAE and the UK, took part in a global enforcement effort that began on 2 June 2025.
-
1 month ago | 
mortgagestrategy.co.uk | Caitlin Jordan |Kimberley Dondo
This week’s top stories: Santander introduces 50 new mortgage products and FCA launches consultation to make mortgages ‘easier, faster and cheaper’.
-
1 month ago | 
moneymarketing.co.uk | Momodou Musa Touray |Caitlin Jordan
The Financial Ombudsman Service (FOS) received more than 140,000 complaints in the second half of 2024. This marks a 49% increase year-on-year, with disputes related to banking, credit affordability and motor finance commissions driving the rise. Newly published data shows the FOS handled 141,846 complaints between July and December 2024, up from 95,349 in the same period in 2023.
-
1 month ago | 
moneymarketing.co.uk | Dan Cooper |Momodou Musa Touray |Caitlin Jordan
A new report has revealed that millions of people in the UK are reaching retirement age with a private annual pension of just £3,650. The 2025 Underpensioned Report, published by now:pensions in partnership with the Pensions Policy Institute (PPI), shows almost nine million people in the UK remain significantly underpensioned compared to the broader population. These underpensioned groups have annual private pension incomes ranging from £3,650 to £6,750.
-
2 months ago | 
moneymarketing.co.uk | Dan Cooper |Caitlin Jordan
New research from PensionBee’s has laid bare the shocking inefficiencies and delays still plaguing pension transfers. The study reveals a stark picture of a system buckling under outdated processes, inconsistent standards, exploitation and lack of regulatory enforcement. In the most extreme case, one saver had been waiting more than 1,000 days to switch their pensions.
-
2 months ago | 
moneymarketing.co.uk | Tom Browne |Caitlin Jordan |Momodou Musa Touray |Salome Asabre
Good morning and welcome to your Morning Briefing for Tuesday 29 April 2025. To get this in your inbox every morning click here. L&G enhances CIC and IP but drops fracture coverLegal & General Retail Protection has announced enhancements to its critical illness and income protection offerings, but confirmed it will no longer offer fracture cover to new or renewing customers.
-
2 months ago | 
mortgagestrategy.co.uk | Caitlin Jordan |Kimberley Dondo
This week’s top stories: Halifax cuts rates, including 2-year fix at sub-4% and Renters’ Rights Bill begins Lord’s committee stage. Explore these developments and more:Halifax cuts rates, including 2-year fix at sub-4%Halifax has reduced rates on a range of homebuyer and remortgage products, including a sub-4% two-year fixed deal. Its two-year fixed rate at up to 60% loan-to-value (LTV) with a £999 fee now starts at 3.94%, down by 0.12%.
-
2 months ago | 
moneymarketing.co.uk | Dan Cooper |Momodou Musa Touray |Caitlin Jordan
Plans by the government to consolidate 13 million small pension pots worth £1,000 or less could be a “gamechanger” according to industry experts. The news, announced yesterday (24 April), has been largely welcomed, with those campaigning for it describing it as a “significant and welcome step forward”. AJ Bell head of public policy, Rachel Vahey, said: “Automatic enrolment is one of the big public policy success stories of our time. But it’s not without its flaws.
