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Regulation

Regulation

Car supermarket fined £91,000 for PPI failings

A car supermarket has been fined £91,000 by the Financial Services Authority (FSA) for failing to properly monitor sales of payment protection insurance.

clock 03 May 2012 •

Regulation

PII experts challenge FSA over Arch Cru fallout

Professional indemnity insurance (PII) experts have questioned the FSA's view that its redress scheme for Arch Cru investors will have no impact upon the future availability of cover for IFAs.

clock 03 May 2012 •

Investment

The Bank of England: 15 years on

Fifteen years after Gordon Brown gave the Bank of England its independence, Dan Conaghan examines how it has fared.

clock 03 May 2012 • 5 min read

RDR

In Partnership network takes on Capita's financial software

IFA network, In-Partnership has taken on several technology solutions from Capita Financial Software that will integrate with the company's back office system.

clock 02 May 2012 •

Regulation

Treasury opens consultation on future of MAS

The Treasury Select Committee (TSC) is calling for submissions on the future of the Money Advice Service (MAS) - the national free consumer advice scheme funded, in part, by the financial services industry.

clock 02 May 2012 •

Regulation

FSA estimate for Arch Cru redress 'incredibly optimistic'

A law firm has told Arch Cru investors it is unlikely they will end up receiving the entire £110m redress the Financial Services Authority (FSA) is expecting advisers to pay out.

clock 02 May 2012 •

Regulation

IFA Centre explores 'toxic products' registry

The IFA Centre has begun lobbying the Financial Services Compensation Scheme (FSCS) on alternative funding models for advisers - including a separate category for firms recommending riskier investments.

clock 01 May 2012 •

Regulation

FOS received just 250 complaints on Arch Cru advice

Less than 2% of Arch Cru investors have so far taken a complaint about the advice they received to the Financial Ombudsman Service (FOS), it has been revealed.

clock 01 May 2012 •

Regulation

FSA fines financial planner £27k for client money breaches

The Financial Services Authority (FSA) has fined Christchurch Investment Management, a small firm specialising in financial planning and portfolio management, £26,600 and its compliance officer £11,550 for failings in relation to the protection of client...

clock 01 May 2012 •

RDR

Prudential reveals adviser charging model

Prudential has announced details of its products eligible for adviser charging - allowing IFAs to receive fees direct from the provider, rather than the client.

clock 01 May 2012 •
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