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FSA

RDR

CPD reform is biggest RDR change, says CISI

The post-2012 regime for continuing professional development (CPD) is the "most transformational" aspect of the Retail Distribution Review (RDR), according to Chartered Institute for Securities & Investment (CISI) managing director Ruth Martin.

clock 01 September 2011 •

Mortgages

Interview - Paul Broadhead

Paul Broadhead of the Building Society Association lays out his plan to revive the mortgage market to Paul Robertson.

clock 01 September 2011 •

Individual Protection

IP sales fall 7% as protection business slips slightly

The protection market is shrinking and becoming more concentrated in the hands of a few providers, according to figures from the FSA.

clock 31 August 2011 •

Regulation

FSA fines firm £8m for market abuse

The FSA has fined a Canadian trading platform £8m for serious market abuse but the firm has referred the matter to the Upper Tribunal.

clock 31 August 2011 •

Pensions

FSA interest spiked by jump in advised pension sales

The FSA noted a jump in advised sales of personal pensions in 2010/11 compared with the previous year, and said this could reflect pension switching, a practice it pointed out some firms had failed to carry out appropriately in the past.

clock 31 August 2011 •

Wrap/platforms

FundsNetwork reveals fund manager rebates

Fidelity FundsNetwork is disclosing its fund manager fees as it looks to create a more transparent market and prove its pricing policy is free from commercial bias.

clock 31 August 2011 •

Regulation

FSA to issue first 'health alert' product warning soon

The FSA is set to publish its first "health alert" shortly to warn about risky financial products, in a bid to halt the stream of mis-selling scandals.

clock 31 August 2011 •

Protection

Banks' PPI deadline should not put people off protection - Defaqto

Defaqto has warned that the public should not be turned off protection products following the fall out of the Payment Protection Insurance (PPI) mis-selling scandal.

clock 31 August 2011 •

Bonds

'Death bond' issuer refused licence; payments stopped

Luxembourg-based special purpose vehicle ARM Asset Backed Securities - which marketed offshore 'death bonds' to UK investors - has been refused authorisation by its home regulator, meaning all payments have been suspended.

clock 30 August 2011 •

Mortgages

'Most wanted' mortgage broker arrested

A former mortgage broker named by Crimestoppers as one of the UK's ten most wanted fraudsters has been arrested.

clock 30 August 2011 •
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