FSA

The FSA today proposes income protection plans with a 'small' investment element, better known as Holloway policies, should be exempt from the RDR's adviser charging and professionalism rules.

The FSA is set to extend the list of RDR-ready qualifications with the addition of three possible routes, including one work-based assessment.

A company director has been fined £25,000 and banned from working in financial services for his part in a £2m insurance fraud scheme.

Two mortgage brokers are among six firms that have had their permissions cancelled by the FSA after failing to submit their Retail Mediation Activities Returns (RMAR).

IFAs have been told they must make significant changes to their businesses over the next 12 months if they want to be prepared for RDR.

The FSA has made a payment of almost £5,000 and apologised to an investment advisory business after it incorrectly told two of its clients the company was not on its register.

The FSA says a study conducted in Australia seven years ago provides the 'most relevant' evidence of a link between higher qualifications and better financial advice. Yet some of the highest qualified planners made the poorest recommendations. IFAonline...

At first we thought we'd been asked to list our greatest heroes and villains of all time. Gene Hackman and Vladimir Kozak (Google him) were on that list. Turns out we had to limit it to 2010 and financial services…

An advisory practice set up by former Bestinvest strategy director Dominic Cummings has had its Part IV permissions cancelled by the FSA for compliance failures.

The FSA is like the character from comedy series Little Britain whose answer to every question is "the computer says no", Mark Garnier MP said at a meeting this morning.