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Mortgage Solutions - Consumer Duty help is there ‘if you look for it’ ? analysis

Mortgage Solutions - Consumer Duty help is there ‘if you look for it’ ? analysis

Brokers have welcomed the support on offer in meeting the new Consumer Duty requirements, though have warned that advisers need to be proactive in making the most of the resources on offer. It’s just the latest example of mortgage firms developing support measures for brokers on Consumer Duty, amid concerns that some brokers see the new rules as simply a ‘rebrand’ of TCF. Mortgage brokers told Mortgage Solutions that while there is plenty of support available, directly authorised advisers have to hunt it out for themselves and be proactive. They also emphasised that Consumer Duty should be seen as an encouragement to embrace a fresh approach. Read their comments.

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Link to Original Article: Mortgage Solutions - Consumer Duty help is there ‘if you look for it’ ? analysis