FSA is doing a good job (says 7% of public)

clock

Few consumers think the Financial Services Authority (FSA) is doing a good job, research from the Association of British Insurers (ABI) suggests.

A survey of more than 3,700 members of the public found only 7% felt the regulator had done a good job at looking after the interests of consumers. Almost half (46%) thought the FSA was not doing a good job, while 18% said it is neither doing a good or bad job. A fifth (19%) said they could not tell either way, because they did not know what would represent a good or bad job. Another question in the ABI's Quarterly Consumer Survey (Q3) attempted to find out whether respondents were aware at all of which body regulates financial services. Given a range of other options to choose ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Consumer Duty two years on: Challenges remain for advisers

Consumer Duty two years on: Challenges remain for advisers

‘Biggest challenge for advisers at the moment'

Sahar Nazir
clock 31 July 2025 • 4 min read
FCA and FOS reveal reforms as part of redress 'modernisation'

FCA and FOS reveal reforms as part of redress 'modernisation'

Follows joint call for input and government proposals

Isabel Baxter
clock 15 July 2025 • 3 min read
Professional Adviser TV: Remaining client centric in a time of increased regulation and digital demands

Professional Adviser TV: Remaining client centric in a time of increased regulation and digital demands

Kevin Bailey and James Sullivan also unpack what value looks like

Professional Adviser
clock 04 July 2025 • 1 min read