FSA

The FSA has been accused of refusing to release key documents relating to the collapse of Icelandic bank Kaupthing to the Serious Fraud Office (SFO) because of fears they will expose regulatory failings.

Complaints against personal investment firms, the majority of which are IFAs, climbed 46% to 20,398 between H2 last year and the first six months of this year, FSA data shows.

A promise is a promise is a promise. The FSA pledged a year ago to consult on how to apply a consistent method for calculating firms' expenditure-based requirement (EBR) and, so far… nothing.

Why advisers should consider unregulated products

The at-retirement marketplace provides advisers with a great opportunity to work closely with their customers to determine their needs.

How reducing over-engineering in your firm can help cut costs

The FSA has promised to consult with industry on how to ensure its prudential rules are fair for all business models and sizes as firms say they are delaying expansion plans while they await clarification.

The FSA is "in a bind" as it reconsiders its position on a rebate ban and other platform-related issues, according to Cofunds CEO Charlie Eppinger.

The director of a mortgage brokerage has been fined £14,000 by the FSA for failing to be open about his business practices and for control failings which allowed 'misleading' applications to be processed.

Auditors must improve the quality and consistency of their reports on client assets after serious failings were identified, the FSA says.