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FSA

Mortgages

Blog: FSA's product paper is explosive reading for brokers

Intriguingly entitled "Product Intervention", the FSA's modest 72-page (including appendices) DP 11/1 could actually be the most explosive read this year.

clock 01 February 2011 •

Wrap/platforms

Ascentric offers cash rebate 'solution'

Ascentric's Hugo Thorman is "hopeful" cash rebates will be maintained for platforms and thinks the solution lies in convincing fund managers to reduce their charges.

clock 31 January 2011 •

Your profession

N&P signs over advice arm to Aviva

Norwich & Peterborough (N&P) Building Society has transferred its network of 21 IFAs to Aviva citing spiralling costs.

clock 31 January 2011 •

Mortgages

Mortgage broker sues FSA in £1.67m libel case

A mortgage broker is suing the FSA for £1.67m for publishing a decision notice stripping him of his regulatory permissions, in what is thought to be the first libel case against the watchdog.

clock 31 January 2011 •

Your profession

Goldman Sachs' London chief pockets £9m bonus

The London head of US banking giant Goldman Sachs has been awarded a £9m bonus, according to reports.

clock 31 January 2011 •

Your profession

Businessman jailed for failure to cooperate with FSA

A French businessman has been jailed for 18 months for refusing to cooperate with the FSA in an investigation into an possible illegal investment scheme.

clock 31 January 2011 •

Wrap/platforms

Skandia awaits cash rebate news for unbundled plans

Skandia says it will hold off on developing an unbundled charging model until the FSA clarifies its cash rebate rules.

clock 27 January 2011 •

RDR

Tenet mulls accredited status in new regime

Tenet Support Services is considering becoming an accredited body in the wake of the FSA's confirmed policy on professionalism.

clock 27 January 2011 •

Your profession

FSCP backs adviser practicing certificates

Clients will benefit from a prominently displayed practicing certificate, detailing their adviser's qualifications and commitment to professionalism, the Financial Services Consumer Panel (FSCP) says.

clock 27 January 2011 •

Mortgages

FSA gets more power over mortgage market

The FSA will regulate second-charge loans, sale & rent back and mortgage back book administration in a bid to improve consumer protection, the government confirmed today.

clock 26 January 2011 •
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