The FSA is like the character from comedy series Little Britain whose answer to every question is "the computer says no", Mark Garnier MP said at a meeting this morning.

Dozens of Norwich & Peterborough (N&P) customers who invested in failed firm Keydata say they were not given key features documents (KFDs) on the products until after they had parted with their money.

The FSA will review the exam standards of pension transfer specialists ahead of other areas, despite calls from the industry for it to prioritise closer scrutiny of mortgage advice.

This week's meeting of the All Party Parliamentary Group to discuss the impact of the RDR on IFAs attracted a lot of interest from MPs and a full public gallery

The Monetary Policy Committee's (MPC) Adam Posen has warned the Bank it should not try to compensate for its past mistakes in underestimating inflation by pushing up interest rates.

Britain's financial system is vulnerable to increased EU sovereign debt woes and bubbles in emerging market assets and junk bonds, the Bank of England (BoE) says.

Norwich & Peterborough Building Society (N&P) has admitted receiving a number of approaches from rivals this year keen to take over the firm, or take a significant stake.

The RDR qualifications deadline is a "guillotine" on the careers of advisers and the FSA should be flexible on its implementation, AIFA director general Stephen Gay told MPs last night.

A group of 71 investors are threatening to sue law firm ELS International Lawyers LLP over claims its predecessor firm European Legal Solutions SL gave negligent advice on Spanish property investments.

The FSA has turned the tables on boiler room conmen by cold calling the scammers to warn them off using the same tactic to cheat investors.