FCA

The Financial Conduct Authority (FCA) will not seek to pre-approve products, according to CEO-designate Martin Wheatley.

Annuity Direct has warned the Association of British of Insurers' (ABI) code of conduct on annuity purchase will not be ‘strong enough' to protect consumers or encourage shopping around.

REGULATION

The Investment Management Association (IMA) has called on the Financial Services Authority (FSA) to increase the amount insurers and banks contribute to the Financial Services Compensation Scheme (FSCS) after warning fund managers faced cross-subsidies...

CHICKEN OR EGG?

The Financial Services Authority (FSA) has said it plans more education of firms and invention to curb market abuse on the ‘front line' of financial services.

The Financial Services Authority (FSA) is looking to hire behavioural psychologists to help it understand consumer and firm behaviour.

The Financial Services Authority (FSA) wants the power to ban individuals while it is still investigating them for alleged wrongdoing.

Proposals to make will-writing a legal activity requiring authorisation from a regulator are likely to be submitted to the Lord Chancellor next month.

The regulator's vastly improved thematic communication and knowledge sharing means advisers should view it as a valuable resource, according to RSM Tenon's head of wealth management John Porteous.