Regulation

The Complaints Commissioner has rejected a complaint against the Financial Services Authority (FSA) by an investor over the regulator's handling of the alleged ‘phoenixing' of an advisory business.

The Prudential Regulation Authority (PRA) will wield a veto power over proposed terminal or annual bonuses for with-profits policies, under the new regime.

Axa has finalised its adviser charging structure on the Elevate platform, with five different ways to charge clients, including an ad hoc payment option.

Almost two-thirds of UK-based advisers say it will not be profitable to advise clients with less than £50,000 after the Retail Distribution Review (RDR), according to research.

The total number of consumers employing independent advisers has passed the number seeking advice from their bank, according to comparison website VouchedFor.

The Financial Services Authority (FSA) has prohibited a director and two mortgage advisors of Ambergate Business Services for their involvement in the submission of mortgage applications to lenders containing inaccurate, false and misleading information....

An inexperienced director who fabricated elements of her CV has been blocked from buying Financial Services Authority (FSA) authorised firm Think Finance.

The Financial Conduct Authority (FCA) must provide the industry with examples of good practice, something that has been "missing" from regulatory correspondence to date, according to the Chartered Insurance Institute (CII).

The Financial Services Authority (FSA) has imposed a fine of £17,850 on Graeham Sampson, the former finance director of Montpelier Pension Administration Services Limited (MPAS).

The Financial Services Authority (FSA) "should and could" have intervened in the Royal Bank of Scotland's (RBS's) ill-fated acquisition of ABN Amro, a damning report by the Treasury Committee concludes.