Banks must stop cross-subsidising products to claim some of them are free, a Financial Services Authority (FSA) director has said.
The FSA has fined Fastmoney - a non-advised mortgage and bridging loan contract arranger - £28,000 for failing to ensure that customers were treated fairly.
The Financial Services Authority (FSA) has criticised IFAs for trying to shirk responsibility for Arch Cru investors' losses, and has warned evidence of widespread mis-selling could trigger an industry-wide past business review of all recommendations...
DIFs have been nudged back under the regulatory spotlight following a new conflict-of-interest warning last week, so what should advisers be looking out for?
New figures suggest the bigger your business, the less profitable it is likely to be. But why? And how big (or small) should a firm be to maximise profits? Rahul Odedra investigates…
Margaret Cole, managing director of the Financial Services Authority's (FSA) conduct unit, has pledged to MPs the regulator will look again at how Capita presented redress for Arch Cru investors under its £54m payment scheme.
Prime minister David Cameron has said he will look to see if the government can do more to help those who have lost money in the Arch Cru debacle.
The Financial Services Authority (FSA) today took action against two individuals suspected of providing financial advice when not authorised to do so and making misleading statements to investors.
The head of Aviva's wrap Nicholas Burton has stepped down to pursue a career in teaching.
The FSA has deployed the services of Big Four accountancy firm Deloitte to quiz platforms about its proposed ban on fund manager and cash rebates.