As part of its Quarterly Consultation Paper No. 18 in September last year, the Financial Conduct Authority outlined its proposed approach to retirement interest-only mortgages. The Council submitted its response in November.
 
The FCA is planning to publish its response to the consultation in late March. Alongside that, the FCA has offered to meet with Council members to summarise the response documents key findings and to provide opportunity for members to further input into the consultation process.