Regulation

THE Financial Services Authority (FSA) has appointed Chris Pond to the newly created position of director of financial capability.

THE FSA is to enter into a programme of structured visits and telephone assessments of small firms ahead of its TCF deadline at the end of 2008.

PMI

THE FSA has written to with-profits insurers reinforcing the need for firms to ensure they treat policyholders fairly.

The FSA today pledges to step up its campaign to smoke out firms failing to meet its requirements for selling Payment Protection Insurance (PPI).

IN A bid to rid the commercial environment of unnecessary, outdated and inflexible rules, the AIC has proposed the FSA conduct a wide-ranging review of its listing rules.

RESEARCH from Merchant Investors, the specialist pensions and investment provider, has revealed that more than three quarters of advisers are unsure of the current protected rights rules on self-investment in a SIPP.

THE Association of Independent Financial Advisers (AIFA) has informed its members who provide cross-border advice that they need to prepare for the Markets in Financial Instruments Directive (MiFID) which comes into force on November 1.

THE Association of Independent Financial Advisers (AIFA) has released ‘RDR Issues Paper 3: The meaning of Independence'.

THE Financial Services Authority's (FSA) new framework for recognising Industry Guidance has taken effect.