The Financial Services Authority (FSA) has fined Santander £1.5m for failing to confirm to customers the circumstances under which its structured products would be covered by the Financial Services Compensation Scheme (FSCS).

It's our round-up of the stories your clients may have read in the national newspapers over the weekend...

A financial adviser has been fined £335,204 by the Financial Services Authority (FSA) after he deliberately retained insurance premium payments meant for the providers of the policies.

Victims of a boiler room scam are set to share £64,000 in redress after the Financial Services Authority (FSA) obtained a court order against a firm involved in the fraud.

Aegon UK made a loss before tax of £22m in the fourth quarter of 2011, dragged down by further redress payments following administrative problems at Scottish Equitable and a slump in life and pensions sales.

The Royal Bank of Scotland (RBS) director responsible for remuneration has defended awarding chief executive Stephen Hester a bonus worth £963,000.

A Legal & General employee has been arrested as part of an investigation into insider dealing by the Financial Services Authority (FSA) and Serious Organised Crime Agency (SOCA).

Advisers do not relish telling clients “I told you so” when a savvy recommendation goes unheeded, but, as they tell PA, there have been a few opportunities to do so…

Advisers explain why a suite of Treasury-approved simple products could still be helpful to the advice industry, despite widespread opposition and past failures.

Margaret Cole is to step down from her role as managing director at the Financial Services Authority (FSA) ahead of its restructure.