Regulation

The FSA has abandoned the reading-across of RDR labelling to pure protection.

The FSA's consultation paper 10/8 published today proposes retail investment firms must disclose protection renumeration.

The FSA must better assess the practical impact its ideas will have on the adviser community before introducing new regulations, urges its newest board member Amanda Davidson.

Moves by European regulators to provide a standard risk rating for investment funds needs further refining to make them truly effective for consumers, according to the Association of British Insurers (ABI) and the Investment Management Association (IMA)....

The FSA and City of London Police (CoLP) have warned 1,000 UK citizens their personal details are on a ‘master list' used by fraudsters to target and sell them worthless shares.

The Treasury has denied rumours it will step in to help victims of the Keydata debacle, saying it is an "FSA and FSCS" issue.

The FSA is warning of a "dramatic increase" in overseas fraudsters selling bogus shares using the names, registration details and addresses of FSA authorised firms and individuals.

The FSA has forced stockbroking firm Wills & Co to retrain its advisers and prevented it from giving investment advice because of poor sales practices.

Schroders European economist Azad Zangana believes the measures proposed by Chancellor Alistair Darling in the Pre-Budget Report will do little to bring public finances back under control.

Nomura International has been fined £1.75m for widespread systems and controls failings relating to its International Equity Derivatives (IED) business.