appointed representatives

The Financial Services Authority has issued a factsheet calling for an improvement by retail networks in their supervision of Appointed Representatives after a survey found potential shortcomings.

Newly launched mortgage network First4brokers has unveiled an online 'fastrack approval' process which it says clears an adviser's FSA authorisation to trade within just 14 days.

Introducers passing on mortgage business leads will not be required to be regulated under the FSA regime in certain cases but all other types of regulated financial business will require introducers to hold FSA authorisation, according to guidance from...