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FSA

Income Protection

CI complaints spike in first half year

Complaints about critical illness (CI) have spiked sharply over the last six months, the FSA has reported.

clock 28 September 2011 •

Your profession

Barclays tops UK complaints list; Rise in adviser category

More complaints were made about Barclays than any other banking brand by UK customers in the first half of the year, FSA figures show.

clock 28 September 2011 •

Investing in the profession

Minimum £2,100 for new Level 5 alt assessment

A new alternative assessment route for QCF Level 5 qualifications has been opened up to advisers following a pilot phase.

clock 27 September 2011 •

RDR

Fitch warns life cos: Don't rely on IFAs

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....

clock 26 September 2011 •

RDR

Accredited bodies given go-ahead to issue adviser SPSs

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.

clock 26 September 2011 •

Regulation

FSA staff abandon ship as split looms

The Financial Services Authority (FSA) is losing an increasing number of employees as the City regulator moves closer to being broken up.

clock 26 September 2011 •

Regulation

FSA wants to publish company warnings without consultation

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.

clock 23 September 2011 •

Your profession

This week's news...condensed

Five of this week's best-read articles...

clock 23 September 2011 •

Charging

Simplified advice: Pru accuses FSA of u-turn on automated tools

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.

clock 22 September 2011 •

Charging

AWD sees 'no profit' in simplified advice

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.

clock 21 September 2011 •
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