Melanie Spencer is head of MCI Mortgage Club
Most of the mortgage brokers I meet really enjoy their job, but sometimes they ponder if they’re working in the right model.
By that I mean, should they be an appointed representative (AR) of a network, or directly authorised (DA) by the Financial Conduct Authority (FCA)? There are important distinctions between the two, and they both have their pros and cons, but it is important for brokers to decide which is the best route for them personally to go down.
Whistleblowers make 2,754 separate allegations of financial misconduct to FCA in 12 months