Two mortgage brokers are among six firms that have had their permissions cancelled by the FSA after failing to submit their Retail Mediation Activities Returns (RMAR).
The FSA has made a payment of almost £5,000 and apologised to an investment advisory business after it incorrectly told two of its clients the company was not on its register.
The FSA says a study conducted in Australia seven years ago provides the 'most relevant' evidence of a link between higher qualifications and better financial advice. Yet some of the highest qualified planners made the poorest recommendations. IFAonline...
Helen Morrissey talks to Almary Green's Carl Lamb about how he thinks the retail distribution review will affect the advisory community
For those who missed it, and for those who enjoyed it so much they want a second look, here are the presentations from Lansons' Richard Hobbs, M&G's Anthony Doyle and Highclere's Alan Lakey.
The FSA is like the character from comedy series Little Britain whose answer to every question is "the computer says no", Mark Garnier MP said at a meeting this morning.
The FSA has confirmed the new deposit compensation limit will increase from £50,000 to £85,000 per person to tie in with new European Economic Area (EEA) regulations.
The FSA will review the exam standards of pension transfer specialists ahead of other areas, despite calls from the industry for it to prioritise closer scrutiny of mortgage advice.
This week's meeting of the All Party Parliamentary Group to discuss the impact of the RDR on IFAs attracted a lot of interest from MPs and a full public gallery
The RDR qualifications deadline is a "guillotine" on the careers of advisers and the FSA should be flexible on its implementation, AIFA director general Stephen Gay told MPs last night.