Regulation

The Financial Services Authority (FSA) has 'overstepped the mark' in a letter urging professional indemnity insurance (PII) insurers to pay out on Arch Cru claims, according to a lawyer.

The Financial Services Authority (FSA) has said it remains ‘unconvinced' about the idea of replacing the current Financial Services Compensation Scheme (FSCS) funding model with product levies, despite arguments it could create a fairer system.

The Association of Independent Financial Advisers (AIFA) will challenge a proposed 50% increase in the threshold for the investment intermediation class under the Financial Services Compensation Scheme (FSCS).

The Financial Services Authority (FSA) has set out proposed changes to the funding of the Financial Services Compensation Scheme (FSCS).

A former chief executive of The Lighthouse Group has joined the growing number of shareholders that say they will not vote in favour of the Lighthouse directors' proposal to delist from AIM.

Chairman of the Financial Services Authority (FSA) Lord Turner is interested in becoming the next governor of the Bank of England, The Times reports.

In light of the furore around Lighthouse's proposal to de-list from AIM, Nicola Brittain considers the costs and benefits of being a publically listed advisory company.

Financial Services Authority (FSA) chairman Lord Adair Turner said the regulator is reviewing its approach to supervision following the LIBOR scandal, but said it would cost too much to prevent all malpractice in the industry.

A key Lighthouse shareholder has urged others to vote against the group's proposal to delist from AIM, arguing that concessions made in a statement this morning do not make a 'jot of difference' to the situation.

The Financial Services Authority (FSA) has warned professional indemnity insurance (PII) providers against excluding cover for Arch Cru claims when renewing independent financial advisers' (IFAs') policies.