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FSA

Your profession

This week's news... condensed

Ten of this week's best-read stories...

clock 28 October 2011 •

TCF

Advisers take Massow ad gripes to FSA

Advisers have reported newspaper adverts for Ivan Massow's commission rebate business as misleading to the Financial Services Authority (FSA).

clock 28 October 2011 •

Regulation

FSA plans to share more fine cash with heavily-levied firms

The Financial Services Authority (FSA) is proposing to change the way it shares surplus proceeds from enforcement fines so innocent firms in heavily-levied fee blocks reap more.

clock 28 October 2011 •

Regulation

FSA proposes switch to measure fees on income

The FSA is proposing to change the way it calculates regulatory fees to replace the existing headcount of approved persons with an income measure from 2013/14.

clock 28 October 2011 •

Investment

Capita makes individual offers to Arch Cru investors

Capita Financial Managers has today sent a further letter to investors who lost money in the Arch Cru fund range to set out their individual entitlements under a £54m payment scheme.

clock 28 October 2011 •

Wrap/platforms

SIPP rebate ban 'makes sense': Providers

A ban on fund manager rebates to SIPPs would make sense if a similar ban is applied to platforms, SIPP providers have said.

clock 28 October 2011 •

Europe

Has Europe rejected the FSA's position on regulation?

The UK regulator has vowed to fight on for a full commission ban, but Europe is drafting rules based on the preferences of most member states..

clock 27 October 2011 •

Multi-manager

Is multi-manager the ultimate outsourcing solution?

Gary Potter, co-head of Thames River Capital, explains how outsourcing to a multi-manager can boost your business' profitability

clock 27 October 2011 •

Investment

Arch Cru investors: Capita ignored FSA's TCF charter

Thousands of Arch Cru investors have written to their MPs today accusing Capita of intentionally violating the Financial Services Authority's treating customers fairly (TCF) charter.

clock 26 October 2011 •

Regulation

FSA catches banks in new mis-selling scandal

High street banks are in the sights of the FSA over concerns fee-based current accounts costing up to £300 a year are being mis-sold to millions of customers.

clock 26 October 2011 •
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