Regulation

MYTHBUSTERS

UCIS BAN

The Financial Services Authority (FSA) is consulting on reducing projection rates across both personal and corporate pensions so they can be compared on a like-for-like basis.

Shareholders in Royal Bank of Scotland(RBS) will never recover the money they lost after the lender's collapse more than three years ago, according to the bank's chairman.

A second man has been arrested as part of a Financial Services Authority (FSA) investigation into a suspected unauthorised foreign exchange trading scheme.

The Financial Services Authority (FSA) has fined an independent financial adviser £60,000 for the unsuitable sales of Unregulated Collective Investment Schemes (UCIS) and other non-mainstream investments.

A government minister has joined the growing number of voices expressing concerns about Money Advice Service chief executive Tony Hobman's remuneration package.

Financial advisers will pay a lower fee to fund the Financial Services Authority (FSA) than initially thought after arrangements for 2012/13 were finalised.

The Financial Services Authority has fined hedge fund boss Alberto Micalizzi £3m and banned him from performing any role in regulated financial services, after he lied to investors in his now defunct fund.

An unregulated property investment company has retracted claims its investments were approved by the Financial Services Authority (FSA) and HM Revenue & Customs (HMRC) to be purchased with a pension.