FSA

The Financial Services Consumer Panel (FSCP) is investigating platforms' recording of client transactions, following concerns consumers will be left with no investment history if providers go bust.

A professional indemnity (PI) insurance provider has warned the FSA's decision to raise the Financial Ombudsman (FOS) compensation limit will impact on premiums, despite the regulator's assurances to the contrary.

AIFA council member Neil Liversidge has sent out an appeal to 3,000 independent financial advisers (IFA) urging them to join the organisation and help make changes with within.

Skandia has launched a new investment process toolkit to help advisers comply with regulatory requirements and meet client needs.

A bit of a pay war kicked off this week between the Serious Fraud Office (SFO) and the FSA. The head of the SFO wants to raise his staff’s salaries by 50% to put them on a par with their equivalents at the FSA.

The Financial Services Authority's (FSA) decision to up the redress limit at the Financial Ombudsman Service (FOS) will lead to more judicial reviews brought by angry firms, and harsher defending by the regulator, a City law firm has warned.

The Financial Services Authority (FSA) has make a landmark censure of accountants BDO LLP for failings while acting as a sponsor during a takeover deal.

The FSA's platform policy paper has been delayed to Q3 as the regulator struggles to formulate final rules on controversial areas including proposals to ban cash rebates.

The FSA has paid £881,738 in redundancy and severance compensation to senior executives and directors since July 2007, although none have been dismissed grounds of capability or conduct.

Lenders should restrict mortgages to 3.5 times income and loans should be capped at 90% LTV, according to a report by the Institute for Public Policy Research (IPPR).