FSA enforcement staff were thought "helpful, flexible, courteous" and professional by firms they have investigated, but lacking in technical knowledge, the regulator has said.

The FSA has agreed to temporary arrangements for Barclays, Lloyds Banking Group and RBS to handle Payment Protection Insurance (PPI) complaints.

The government is considering giving the Money Advice Service responsibility for running debt advice firms, Mark Hoban financial secretary to the Treasury has said.

IFAonline reveals how easy it is for anyone to earn 12% commission pushing 'SIPP-ready' property club investments in an Egyptian hotel.

Three directors of a property company that sold farm plots at hugely inflated prices with the fake promise of planning permission have been disqualified for a total of 27 years.

The FSA has told consumers the RDR will not increase the amount they pay for advice.

The Financial Services Consumer Panel (FSCP) is investigating platforms' recording of client transactions, following concerns consumers will be left with no investment history if providers go bust.

Goldman Sachs received a subpoena from New York prosecutors seeking information on the investment bank's role leading into the global financial crisis, according to reports.

Moody's said last night if there is no progress in the US on increasing the country's statutory debt limit, it expects to place the government's rating under review for possible downgrade in the next few weeks.

A professional indemnity (PI) insurance provider has warned the FSA's decision to raise the Financial Ombudsman (FOS) compensation limit will impact on premiums, despite the regulator's assurances to the contrary.