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Regulation

Regulation

FSA to tighten rules on packaged accounts

The Financial Services Authority (FSA) has proposed out new rules which would require banks and building societies to check customers' eligibility to claim on insurance cover provided in packaged accounts.

clock 27 July 2012 •

RDR

Standard Life reveals offshore bond RDR charging

Standard Life has revealed a range of charging methods for its Retail International Bond product ahead of the Retail Distribution Review (RDR).

clock 27 July 2012 •

Regulation

Ex-Tenet chairman hits out at FSA over 'Kafkaesque' behaviour

The former chairman of Tenet Group has criticised the Financial Services Authority (FSA) over its ‘Kafkaesque' behaviour in blocking the company's finance director from obtaining a significant influence function (SIF).

clock 26 July 2012 •

Regulation

High Court shuts down £3.2m land banking scheme

The High Court has ordered two related companies into liquidation for their roles in a £3.2m land banking scam.

clock 26 July 2012 •

Investment

Updated adviser charging guidance released by HMRC

Adviser charging for personal and group personal pensions can be applied general pensions advice, including annuity choice or drawdown, according to guidance from HM Revenue & Customs (HMRC).

clock 26 July 2012 •

Regulation

FSA board uncertain about Arch Cru redress scheme

Uncertainty about professional indemnity insurance (PII) cover and concerns about the impact on consumers are among the main worries of Financial Services Authority (FSA) board members about a proposed £110m redress scheme for Arch Cru investors, it has...

clock 26 July 2012 •

RDR

Comment: Looking back to move forward

RDR

clock 26 July 2012 •

Regulation

Adviser banned for failing to submit RMAR

The Financial Services Authority (FSA) has cancelled an adviser's Part IV permissions for his failure to submit a Retail Mediation Activities Return (RMAR) for 2011.

clock 26 July 2012 •

Regulation

FSA rules out FSCS class changes despite Keydata uproar

The Financial Services Authority (FSA) is refusing to change the Financial Services Compensation Scheme (FSCS) sub-classes, despite anger from advisers about having to pay for Keydata failure.

clock 25 July 2012 •

Regulation

FSA promises new regulator will not be retrospective

The Financial Services Authority (FSA) has promised that one of its replacement bodies, the Financial Conduct Authority (FCA), will not be a retrospective regulator.

clock 25 July 2012 •
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