FSA

The chair of the All Party Parliamentary Insurance and Financial Services Committee has described Labour proposals to re-mutualise Northern Rock as "crazy".

David Worsfold detects a change of mood within the government

Kensington Mortgage Company has been fined £1.225m for the "unfair treatment" of some customers in arrears and has agreed to pay an estimated £1.066m customer redress.

A London mortgage broker who submitted 42 falsified mortgage applications for customers has been banned and fined £103,000 by the FSA.

Two Bank of England directors have been earmarked to take control of transferring banking supervision from the FSA to the central bank if the Tories win the election.

Not one of the 22 firms identified by the FSA in 2008 as the worst performers for pension switching advice has improved in the interim, the regulator says today.

John Bakie argues many FSA fines could have been avoided if firms would only listen to the regulator

Axa has added its voice to the platform charge transparency debate saying about 90% of advisers on Elevate select its unbundled solution.

Ongoing FSA investigations into poor pension switching advice are expected to result in firms paying out more than £150m in redress to customers.

Independent advisers generate just a tiny portion of the total net revenue produced by the industry yet contribute a far larger chunk of its annual costs, an economics team has found.