FSA

IFAonline is often tickled by some of the comments left by readers at the bottom of stories. But this one just HAD to be shared…

Advisers must "wake up" and address changes being brought in by the RDR, as last week's paper represents the FSA's "point of no return", says the Personal Finance Society (PFS).

Exhange traded fund (ETF) family iShares is launching its first roadshows for IFAs after the FSA last week published its final rules on adviser charging.

The FSA has given advisers who sell individual long-term pure protection contracts under ICOBS until the end of the year to apply its rules on 'total premium' disclosure.

You'd think, wouldn't you, in a week of both the Budget and RDR, it'd be fairly easy to pick the most-read story on IFAonline? So get ready for a surprise…

Reaction to the FSA's consultation paper CP10/8 on pure protection sales by retail investment firms has been positive.

The FSA says although it has "mixed views" on the question of whether an adviser can be independent using just one platform, it is likely to push for IFAs to adopt multiple platform use.

A defiant FSA today says it is confident the RDR will increase consumer access to financial advice despite revealing half of small firms had opposed its adviser charging proposals.

Platforms will not be forced to offer a wider range of investments - some of which may be unsuitable and pose a high-risk, the FSA said today.

The FSA has slammed platforms for poor levels of disclosure in documentation and for failing to highlight the risks of investment.