FCA to publish good and bad practice of mortgage broker firms

The FCA has said that conflicts of interest, when not properly identified and managed, can drive a high-pressure sales culture in the mortgage intermediaries’ market. As a result, it will “select a cross section of firms and will look to publish good and poor practice so that all firms can learn from the work that has been carried out.” Read the full FCA Strategy for Mortgage Intermediaries here. Any thoughts, send them across.