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Regulation

Regulation

FSA: Economy pushing consumers into wrong products

The Financial Services Authority (FSA) has claimed one of the major risks to consumers over the next 18 months is that of being mis-sold unsuitable financial products.

clock 13 March 2012 •

Regulation

Arch Cru: Hoban says FSA had literature changed

The Financial Services Authority (FSA) spotted flaws with the Arch Cru marketing literature and ordered changes before the funds' suspension, Treasury financial secretary Mark Hoban has claimed.

clock 12 March 2012 •

Investment

Lighthouse to add 100 'affinity' advisers this year

Lighthouse Advisory Services will increase the number of advisers working in its affinity division by approximately 100 over the next year, from 220 currently, according to joint CEO Malcolm Streatfield.

clock 12 March 2012 •

Wrap/platforms

FundsNetwork steals march on rivals to list ITs this year

Fidelity FundsNetwork has become the first of the fund supermarkets to confirm it will offer investment trusts ahead of RDR.

clock 12 March 2012 •

Regulation

FSA censures Bank of Scotland for serious misconduct

The Financial Services Authority (FSA) has censured Bank of Scotland for failings within its Corporate Division between January 2006 and December 2008.

clock 09 March 2012 •

RDR

Sesame Bankhall: Will consumers pay for independent advice?

Advice firms should not become fixated on remaining independent, network and support service provider Sesame Bankhall has said.

clock 09 March 2012 •

Economics / Markets

This week's news… condensed

The pick of this week's articles on IFAonline...

clock 09 March 2012 •

RDR

Novia adds Arjent to discretionary offering

Novia has added Arjent's multi-asset portfolios to the wrap in an expansion of its discretionary manager offering.

clock 08 March 2012 •

Regulation

Lawyer: FOS drifting closer to regulation

The Financial Ombudsman Service (FOS) will drift closer to becoming a regulator under a proposed memorandum of understanding (MoU) with the Financial Conduct Authority (FCA), according to a legal expert.

clock 08 March 2012 •

RDR

FSA confirms trainees will not affect firms' independence

The Financial Services Authority (FSA) has confirmed the presence of trainees within an advice firm will not prevent it from holding itself out as independent.

clock 08 March 2012 •
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