FSA

Mortgage advisers have given their support to FSA proposals to introduce mortgage suitability letters.

The FSA will step in to "police" the banking sector, but has doubts over whether it can actually change its culture.

Senior managers who fail to understand the inner workings of their own business will not get much respect from the new chief financial ombudsman.

The head of Aviva's wrap says the FSA should "hold its nerve" and consider ending the practice whereby fund supermarkets keep rebates from fund management groups.

Banks have been carrying out trades which are ‘economically useless', Adair Turner says.

The ABI's new director general Kerrie Kelly has urged the FSA to be open-minded and balanced about its judgements on the likely dangers posed to consumers and on what consumers actually want.

Baigrie Davies director Amanda Davies has joined the FSA board as a non-executive director.

The FSAs consultation on Payment Protection Insurance (PPI) mis-selling has costly ramifications for the PPI industry according to financial research company Defaqto.

Chancellor Alistair Darling has just added another piece to the jigsaw of the financial services industry of the future.

"I surprised myself. I told my son ‘you should think about becoming an IFA'."