FSA

The Financial Services Authority is hiring a new chairman of the Financial Services Compensation Scheme - on a yearly salary of £75,000 for two days work a week.

The Financial Services Authority (FSA) has issued a warning to investors about a business trading under the name of a former appointed representative of network Sesame.

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

The FSA has fined Essex-based mortgage lender Swift 1st Ltd £630,000 for unfair treatment of some customers facing mortgage arrears.

The FSA is to extend the regulation of sale and rent back (SRB) agreements to all providers, in an effort to clamp down on the "considerable" number of unregulated transactions still taking place.

The Financial Services Authority (FSA) has told firms to ignore a scam email telling them the regulator intends to take action agaisnt them for tax evasion.

New Model Business Academy's Lee Travis looks at the options for advisers who will not be RDR ready on 1 January 2013.

New Openwork chief executive Mary-Anne McIntyre said the network will break its exclusive platform tie-up with Zurich UK Life as she expects the needs of clients within its diverse adviser base to draw special attention from the FSA.

An alternative assessment route being offered by New Model Business Academy has been added to the list of qualifications meeting retail distribution review (RDR) requirements by the Financial Services Authority (FSA).

Practicing financial advisers will not have to sit further examinations if the FSA increases the qualification standards for pension transfers.