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FSA

TCF

FSA targets inflation-adjusted point-of-sale info for pensions

The regulator has said it will consult on developing inflation-adjusted point-of-sale illustrations for personal pensions.

clock 08 November 2011 •

Wrap/platforms

Capita launches on and off platform comparison service

Capita Financial Software has launched the latest version of its Synaptic Comparator service which enables advisers to compare on and off platform options.

clock 08 November 2011 •

Investment

FSA rethinks plans to collect adviser data via PSD

The FSA is unlikely to pursue plans to collect transactional data on advisory businesses from product providers, platforms and third party distributors via product sales data (PSD), the regulator suggested today.

clock 08 November 2011 •

Pensions

FSA: Personal pension charges must be clear at point-of-sale

The Financial Services Authority (FSA) will press ahead with plans to force pension providers and advisers to reveal the effect of adviser charging on pension plans at the point of sale.

clock 08 November 2011 •

RDR

FSA restarts SIPP disclosure consultation after industry pressure

The Financial Services Authority (FSA) will conduct another consultation into SIPP charge disclosure after an industry backlash.

clock 08 November 2011 •

Bonds

Coutts facing £6m fine for AIG bond sales

Coutts, the private bank owned by the Royal Bank of Scotland (RBS), is expected to be fined in the region of £6m by the Financial Services Authority (FSA) today for the mis-selling of bonds issued by failed US insurer AIG.

clock 08 November 2011 •

Protection

Planet Insurance - Simple products

Last year the government launched its consultation on simple financial products and a summary of responses has now been published.

clock 07 November 2011 •

Investment

M&G's Willcocks: End consumers will pay more post-RDR

M&G global head of retail sales says industry is awash with mediocrity, which must be eradicated.

clock 07 November 2011 •

Investment

M&G's Willcocks: End consumers will pay more post-RDR

M&G global head of retail sales says industry is awash with mediocrity, which must be eradicated.

clock 07 November 2011 •

Regulation

UK can press ahead with full commission ban, says EC

A UK ban on the payment of commission from providers to advisers who sell its products can go ahead unchanged and unhindered, the European Commission (EC) has said, quashing concerns a Europe-wide directive could scupper the requirements.

clock 07 November 2011 •
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