The Financial Services Consumer Panel (FSCP) will ensure the FSA does not "cave in" to pressure from the industry on grandfathering exemptions from qualification requirements for long-standing advisers, it has said.
The Financial Services Consumer Panel (FSCP) is investigating platforms' recording of client transactions, following concerns consumers will be left with no investment history if providers go bust.
The Financial Services Consumer Panel (FSCP) has welcomed the announcement of FSA action and an industry-wide refund on Mortgage Payment Protection Insurance (MPPI) totalling £60m.
Lord David Lipsey will take over from John Howard as chairman of the Financial Services Consumer Panel on June 2.
The FSA, providers and advisers must act now to protect the 11 million policyholders with £190bn in closed with-profits funds, the Financial Services Consumer Panel (FSCP) has urged in a new report published today.
The Financial Services Consumer Panel (FSCP) has questioned the FSA's decision to scrap the costs Menu and Initial Disclosure Document (IDD).
The introduction of a generic advice service combined with the retail distribution review could change the regulatory landscape to allow IFAs to ‘focus' their advice and not have to complete unnecessary paperwork, according to the FSCP.
Consumers are using mortgage endowment claims companies to save time and help them through what they see as a complex process, according to the latest research from the Financial Services Consumer Panel.
Over half of financial promotions surveyed across newspapers on a single Saturday failed to comply with Financial Services Authority (FSA) rules.
The Financial Services Authority (FSA) has been assessed as ‘weak' in five key areas of assisting consumers.