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FSA

Regulation

FSA prevents Alpha to Omega from taking on new business

Network Alpha to Omega has been told by the FSA it is unable to take on any new business.

clock 22 January 2010 •

Industry

Arrears companies unite to form trade body

Five mortgage and loan arrears mediation companies have founded a new trade association.

clock 21 January 2010 •

Your profession

The Adviser Alliance Alternative RDR

The RDR, in its current guise, will likely lead to both a drop in adviser numbers and product purchases, according to recently-formed lobby group Adviser Alliance. So it has put together its own, alternative, RDR...

clock 21 January 2010 •

Regulation

FSA warns firms over 'unacceptable' handling of client assets

The FSA has written to the chief executives of major insurance brokers and investment firms repeating its concerns over what it calls the ‘unacceptable' handling of clients' money and assets.

clock 21 January 2010 •

RDR

Standard Life launches programme for wrap users to get RDR-ready

Standard Life is set to launch a programme on its wrap to help IFA firms prepare for the RDR.

clock 21 January 2010 •

Wrap/platforms

Confusion surrounds adviser charging rules for platforms

The FSA remains undecided over how to apply its adviser charging rules to platforms less than three months before a planned Policy Statement and amid growing calls for the total unbundling of costs.

clock 21 January 2010 •

Individual Protection

Zurich launches financial fitness tool for advisers

Zurich is launching a campaign to help advisers perform financial fitness tests on customers.

clock 20 January 2010 •

Pensions

Standard Life fined £2.45m after Sterling fund debacle

Standard Life has been fined £2.45m by the FSA for serious failures relating to its Pension Sterling fund.

clock 20 January 2010 •

Industry

FSA fines and bans 'unqualified' Bolton mortgage broker

The FSA has fined and banned a Bolton-based mortgage and insurance broker after discovering he had no relevant financial qualifications or experience.

clock 20 January 2010 •

Your profession

Number of adviser firms drops for fifth straight quarter

The number of firms authorised to dispense financial advice has fallen for five consecutive quarters, FSA figures show.

clock 19 January 2010 •
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