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FCA removes 400 misleading financial promotions for later-life mortgages

In this photo illustration a man looks at a home he would like to buy
Photo: Matt Cardy/Getty Images

Jean Hurley

2 min read
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FCA review of later-life mortgages finds poor advice and misleading promotions.

A review of later-life mortgage firms by the UK’s FCA has prompted the removal or amendment of almost 400 misleading promotions. The regulator is working with the largest firms to improve their advice processes.

A later-life mortgage is the most popular type of equity release catering for homeowners who want to

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