Watchdog confirms it is looking into ERMs

In This is money today.

Homeowners told to take equity release could have been given the wrong advice it has emerged, as the City watchdog confirmed it is looking at mortgage lending practices in the later life market.  This is Money can reveal exclusively that the Financial Conduct Authority has been engaging with firms to help it better understand the market to reduce any potential harms.

Hard to say whether the review is connected with the issues we have raised here and elsewhere, though.