Regulation

The FSA has all but ruled out re-introducing a 15-year time limit on complaints against advisers despite admitting it could save firms thousands of pounds a year.

Financial advisers are bracing themselves this morning ahead of what has been called "the most important day in the industry for 25 years".

The FSA says it is unlikely to change its policy on how long consumers are legally entitled to make complaints against IFAs.

AWD Chase de Vere Wealth Management has received a £1.12m fine from the FSA for major failings that led to mis-selling.

The FSA is chairing an international boiler room conference, calling on fellow regulators and law enforcement agencies from around the world to help tackle a fraud which it said cons the UK public out of around £300m yearly.

The FSA has published a consultation paper proposing a new framework to regulate the way that retail banks treat their customers.

AIFA has issued a rallying call to the FSA urging it use the RDR as a force to help clients re-engage with savings, and support the development of a distinct advisory profession.

The Association of British Insurers has responded to the FSA's interim feedback statement on the Ret...

The FSA has fined specialist advisory and asset management firm Sindicatum Holdings £49,000 for not having adequate anti-money laundering systems and controls in place for verifying and recording clients' identities.

While advisers generally appear to be satisfied that they will meet the December TCF deadline, many have bemoaned the associated costs and warned of dire consequences for those firms not making the grade.