Commission ban 'next natural step' after charge cap on default funds, says Baroness
Almost a fifth of all firms granted interim consumer credit permissions are IFAs, according to Financial Conduct Authority (FCA) figures.
One of the outcomes that the FSA is trying to achieve with the RDR is to have remuneration arrangements that allow competitive forces to work in favour of consumers.
The Office of Fair Trading has told 11 financial management businesses with 'look alike' websites posing as official or charity advice sites to close them down immediately.
The relationship mortgage brokers have with estate agents will come under scrutiny as part of an Office of Fair Trading (OFT) market study into home buying and selling.
The FSA could begin regulating the controversial sale and rent back industry as soon as July this year, a consultation paper has revealed.
The Office of Fair Trading (OFT) has challenged several sale and rent back companies over advertising claims.
Unscrupulous sale and rent back firms are making misleading comparisons between their own services and regulated equity release products, says Safe Home Income Plans (SHIP).
Sale and rentback scheme need statutory regulation to improve consumer protection, says the Office of Fair Trading (OFT).
The Office of Fair Trading (OFT) today threatened to report banks to the Competition Commission after finding that the current account market did not offer good value for customers, The Times reports.