Regulation

Proposals for firms' capital adequacy (CA) requirements will only favour those "old-style" advisers the FSA and IFP are trying to leave behind, according to threesixty.

Financial advice provision in the UK is likely to suffer following the introduction of the Retail Distribution Review's (RDR) requirements, the FSA's advisory panels have told MPs.

The debate over the new level of qualifications for advisers post-RDR reached new heights this week as intermediaries voiced their concern and anger about its proposals.

Lord Lipsey has resigned from the Financial Services Consumer Panel (FSCP) after six months in the role and just days after criticising aspects of the Retail Distribution Review (RDR).

Sesame's executive chairman Ivan Martin has slammed the FSA's idea of a sales advice category, describing it as a 'Frankenstein creation'.

Lord Lipsey has resigned from the Financial Services Consumer Panel (FSCP) just days after criticising aspects of the Retail Distribution Review (RDR).

Advisers have responded angrily to an FSA decision not to reintroduce a 15 year long-stop rule on complaints, but the Financial Services Consumer Panel (FSCP) backs the move.

A financial advice landscape that includes "advised" sales and outlaws provider influence over remuneration has today been proposed by the FSA.

The FSA has set out an ambitious implementation plan for its new retail distribution strategy, with all firms expected to be fully compliant with the rules by the end of 2012.