Andrew Gething News Today

Financial-services firms are at risk of "alienating consumers" by obtaining vulnerability data without their knowledge, experts at MorganAsh have warned. Under the Consumer Duty, firms are required to identify and assess vulnerable customers and monitor outcomes across the lifetime of products. MorganAsh claim some

Financial services firms who use indirect methods to assess potential client vulnerabilities risk alienating their customers and breaching Consumer Duty rules, according to MorganAsh.

Support services provider MorganAsh has appointed Johnny Timpson as its new chairman, subject to Financial Conduct Authority approval.

The UK’s inflation rate fell sharply to 4.6% in October largely as a result of cheaper gas and electricity prices. As AJ Bell head of financial analysis Danni Hewson points out not only has CPI come in under 5% but it’s reached a two-year low and the number released this morning was cooler than had been expected.

Good morning and welcome to your Morning Briefing for Thursday 26 October 2023. To get this in your inbox every morning click here. Intelliflo AI ambitions Intelliflo is exploring how it can use artificial intelligence tools to create greater automation between integrated systems and help “streamline” the advice

In the advent of the Consumer Duty, financial services firms must demonstrate that they understand the financial impact of disability, a vulnerability expert has warned.

The leading financial website dedicated to the mortgage intermediary. Read breaking mortgage news and mortgage industry comment and analysis from recognised experts. Register now.

The leading financial website dedicated to the mortgage intermediary. Read breaking mortgage news and mortgage industry comment and analysis from recognised experts. Register now.

The leading financial website dedicated to the mortgage intermediary. Read breaking mortgage news and mortgage industry comment and analysis from recognised experts. Register now.

MorganAsh managing director Andrew Gething says consumers’ financial capability must be taken into account following reports in The Telegraph that banks and brokers will be allowed to push their own investments to millions of people. The Treasury is reportedly considering asking the Financial Conduct Authority (FCA)