Complaints about critical illness (CI) have spiked sharply over the last six months, the FSA has reported.
More complaints were made about Barclays than any other banking brand by UK customers in the first half of the year, FSA figures show.
A new alternative assessment route for QCF Level 5 qualifications has been opened up to advisers following a pilot phase.
Ratings agency Fitch has warned that life companies which rely on independent financial advisers (IFA) to distribute their products could be negatively affected by the retail distribution review (RDR), and predicted a bright future for bancassurance....
The Financial Services Authority (FSA) has formally accredited six professional bodies, meaning they can begin issuing Statements of Professional Standing (SPS), a mandatory form of practicing certificate for advisers.
The Financial Services Authority (FSA) is losing an increasing number of employees as the City regulator moves closer to being broken up.
The FSA today said it "welcomed" the government's intention to give regulators new powers to publicise when a warning notice has been issued against a firm, but claimed they do not go far enough.
The FSA's consultation on simplified advice contradicts warnings it has previously made on risk profiling tools and the regulator needs to clarify its position, Prudential distribution strategy director Russell Warwick said.
AWD Chase de Vere has said it has no plans to offer any simplified advice, suggesting it would be unprofitable and pose too many regulatory concerns.