Regulation

Each month, we ask our industry to answer one big question!

Practising IFAs were underrepresented in the working parties which produced the recommendations in the Retail Distribution Review (RDR), says threesixty.

THE FSA has appointed Hector Sants as its new chief executive to succeed John Tiner who steps down following the regulator's annual public meeting on 19 July.

THE Association of Investment Companies (AIC) has urged the Government and the FSA to ensure that enough funding is earmarked for the financial education that is to be taught in schools from September 2008.

A POLL of advisers has revealed widespread dissatisfaction with the Retail Distribution Review (RDR).

Greater capital requirements, extra supervision of smaller firms and a time limit on claims against financial firms are the keys to sustaining a healthy distribution sector, according to findings published in the Retail Distribution Review.

THE Association of Investment Companies has urged the FSA to consider rolling out the factory-gate pricing system.

THE Financial Services Authority has appointed Sheila Nicoll, currently deputy chief executive of the Investment Management Association (IMA), as its new director of the Retail Firms Division.

The Financial Services Consumer Panel says a move by the FSA to end commission payments is the only way to avoid mis-selling scandals in the future.

PRIVATE equity firms are to face tougher regulatory reporting requirements in a move by the FSA to more closely monitor the sector.