FSA

Ed Dymott, head of UK fund partners at Fidelity, discusses the RDR platform proposals that still need clarifying to achieve a level playing field.

David Stevenson asks whether the adviser industry can really cope with in-specie transfers, or will there be more cases like Towry’s in the coming years?

An elderly couple say they would be ‘very wary' of using an IFA again, after finding themselves caught up in both the Keydata and Park Row debacles.

The overall number of approved persons fell sharply in the second quarter of the year, coupled with a drop in new business authorisations after cancellations, figures suggest.

The FSA has fined the London branch of Société Générale £1.57m for failures in transaction reporting.

A former Park Row adviser has decided to leave the IFA sector because he is fed up with waiting for the FSA to re-authorise him.

The FSA will recruit 30 more lawyers and investigators to combat commercial crime, even as it faces being broken up, according to reports.

The Keydata saga was further complicated this week as a row broke out between Norwich & Peterborough and the FOS over the sales of Keydata plans through the building society.

The FSA has withdrawn its petition for the winding up of Wills & Co after creditors approved its proposal for a company voluntary arrangement (CVA).

The FSA fined IFAs nearly a million pounds in the seven months to July, over three times as much as the whole of 2009.