FCA launches market study on later life mortgages

The FCA has launched a market study into later life mortgages.

The study seeks to examine whether changes are needed to enable the lifetime and retirement interest only mortgage sector to meet consumers’ needs, as the regulator notes that a growing proportion of consumers may face financial difficulties in retirement if reliant on pension provision alone.

There is no formal consultation on the terms of reference for the study, but the FCA welcomes any views by 17 April 2026.