Regulation

The Treasury Select Committee (TSC) has called for a 12 month delay to the RDR to enable more advisers to reach Level 4, among a series of other concessions, but the FSA has flatly refused any negotiation on a change to its plans.

UK banks were not among the eight institutions to fail the European stress tests on the sector.

The Financial Services Compensation Scheme (FSCS) has already paid out nearly £2m in compensation to clients of the collapsed IFA network Alpha to Omega, and is looking into another 300 claims.

The Treasury has denied the new regulatory structure set to replace the Financial Services Authority (FSA) will clash with European regulation.

An upcoming FSA consultation examining the possibility of updating the examination standards for investment managers will include the controversial issue of grandfathering.

A former director of collapsed IFA network Alpha 2 Omega (A2O) failed to act on a handful of "notorious" advisers known to be aggressively pushing unregulated collective investment schemes (UCIS) to clients, earning them the monikers 'the famous five'...

The Financial Services Authority (FSA) has fined two former directors of Alpha 2 Omega (A2O), the adviser network which closed down in 2010, over compliance failings which led to the risk of customers receiving unsuitable investment advice.

The FSA has gone viral, posting its first consumer guidance video on how to avoid falling victim to land banking schemes on YouTube.

Standard Life has dismissed James Verner following the conclusion of an internal investigation.

Former chairman of the Investment Management Association (IMA) and previous chief executive of F&C Asset Management Robert Jenkins has been appointed as an external member of the interim Financial Policy Committee (FPC).