Regulation

IN ITS fifth and final position paper in response to the RDR discussion paper, the Chartered Insurance Institute (CII) has proposed the creation of a single, independent professional standards board for the retail financial services sector.

There is a major risk of banks undermining the value of advice because of proposals made in the Retail Distribution Review, warns Ivan Martin, executive chairman of Sesame.

Private client seminars will be vital to enhance client value in the post-RDR world, the founder of online adviser forum IFA Life says.

THE FSA has confirmed the future funding arrangements for the Financial Services Compensation Scheme (FSCS).

THE FSA has proposed levying an administration charge to firms that persistently submit inadequately completed Retail Mediation Activities Returns (RMARs).

THE FSA has not done enough to support firms in implementing its TCF principles, the Financial Services Consumer Panel (FSCP) says.

CONSUMERS will be the biggest critics of a firm's treating customers fairly (TCF) principles, the FSA has warned.

Commission may never be compatible with treating customers fairly (TCF), the Financial Services Consumer Panel (FSCP) warns.

Christopher Read talks to L&C Pensions' director Nigel Sharp about the challenges faced by SIPP providers in complying with the latest principles based legislation

FSA chief executive Hector Sants has warned against IFA firms using performance rewards, saying they could be breaching its treating customers fairly (TCF) principle.