FSA

The Financial Services Authority (FSA) has fined an independent financial adviser £16,000 after his firm gave unsuitable advice on unregulated collective investment schemes (UCIS) and flouted rules related to who the schemes can be promoted to.

The Financial Services Authority has warned investors against dealing with a firm which is cold calling consumers claiming to be Savoy Investment Management and using the names of real members of staff.

AWD Chase de Vere spent more than £1.5m settling complaints and paying customer redress last year, and expects the figure to be even higher this year.

Last week, the FSA (finally) produced guidance for firms considering launching a simplified advice proposition.

Financial secretary to the Treasury Mark Hoban has said the government will not allow European regulators to overrule it on pensions.

A regulated firm has been denied a refund of a portion of FSCS levies it had previously paid despite discovering it should have been exempt.

In the second of a six part special on preparing for RDR, Ed Dymott, head of commercial at Fidelity Worldwide Investment offers his tips for getting your firm ready for 2012 and beyond.

The Financial Services Authority (FSA) has failed to recognise the virtues of mutuals, Royal London says.

The time taken by the Financial Services Authority (FSA) to give financial services firms permission to expand has hit a record 97 days.

The FSA and the Swiss Financial Market Supervisory Authority (FINMA) are launching an independent investigation into the events surrounding the huge trading losses incurred by UBS, allegedly as a result of the actions of 'rogue trader' Kweku Adoboli....