Regulation

SIR Anthony Holland has been reappointed as the Financial Services Authority's (FSA) independent complaints commissioner.

THE FSA has banned IFA Michael Sheron, of Sheron & Company Financial Advisers, after finding him unfit to oversee or manage a business in the regulated financial services industry.

THE Association of Independent Financial Advisers (AIFA) has released ‘RDR Issues Paper 2: Adviser Segmentation' to its members.

THE FSA has announced that it will be making some changes to the Conduct of Business rules.

Short of a plague of locusts (which at this juncture would not come as a real surprise) there is not much more that could hit the financial services industry this summer.

SMALL firms will be given the chance to air their thoughts on the Retail Distribution Review at a series of roadshows organised by the FSA.

Advisers who think their firms may go under following the implementation of the RDR should consider selling now while their firms are good value, according to Clerical Medical head of intermediary strategic planning David Shelton.

Martin O'Gorman takes a look at the effect SIPP regulation is having on the adviser community

THE FSA has further outlined its proposals for a "simplified and less prescriptive" principles-based suitability report, giving advisers greater discretion over how they meet TCF requirements.