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FSA

Regulation

FSA: Banks must end 'free banking' myth

Banks must stop cross-subsidising products to claim some of them are free, a Financial Services Authority (FSA) director has said.

clock 25 November 2011 •

Regulation

FSA fines non-advised mortgage business

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.

clock 24 November 2011 •

Investment

FSA to target IFAs who mis-sold Arch Cru

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...

clock 24 November 2011 •

Regulation

Distributor influenced funds: A compliance lowdown

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?

clock 24 November 2011 •

Your profession

David tops Goliath: Why the big firms are losing money

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…

clock 24 November 2011 •

Investment

FSA commits to reviewing Arch Cru redress information

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.

clock 23 November 2011 •

Investment

Prime minister pledges to 'look into' Arch Cru debacle

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.

clock 23 November 2011 •

Regulation

Two arrested in FSA investigation into unauthorised advisers

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.

clock 23 November 2011 •

Wrap/platforms

Aviva wrap boss steps down to become teacher

The head of Aviva's wrap Nicholas Burton has stepped down to pursue a career in teaching.

clock 23 November 2011 •

Wrap/platforms

FSA hires Deloitte to probe platforms on rebates

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.

clock 22 November 2011 •
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