Regulation

Financial service start-ups are facing record wait times for Financial Services Authority (FSA) approval, with the average wait now reaching 22.9 weeks, 9% higher than the previous peak of 21 weeks in Q2 2010.

RDR IN THE NEWS

The industry has to find new ways of providing low-cost advice on an ‘industrial scale' after the Retail Distribution Review (RDR), Scottish Widows has said.

Advisory group Charles Derby is offering to help supervise client-facing advisers who will not meet the new minimum qualification requirement set by the Financial Services Authority (FSA) in time.

HOBAN

Jim O'Neill has publicly ruled out following in the footsteps of Mervyn King and taking on the role of governor of the Bank of England.

The Treasury Committee has promised to monitor the benefits to consumers of changes introduced as a result of the Retail Distribution Review (RDR), after the Financial Services Authority (FSA) again said it would be sticking to its year-end implementation...

The Financial Services Authority (FSA) has proposed a set of rules which aim to maximise and speed up client money returns when investment firms fail.

Howard Davies, the former chairman of the Financial Services Authority (FSA), is to head up a commission looking into the possibility of a new airport in the south east, according to reports.

KERB APPEAL