FSA

The FSA is now an "intrusive, intensive regulator" in the mortgage arena and this should be welcomed, the Council of Mortgage Lenders (CML) says.

An insurance company director has been banned by the FSA for lying to his customers, lying to the FSA and failing to pass on insurance premiums.

HDC Training is launching a series of study sessions to help advisers prepare for Chartered Insurance Institute (CII) Diploma exams.

Two IFAs have been forced to redraft commission clawback clauses in their standard terms of business (ToB) letters following complaints from clients.

Close Asset Management is looking to acquire the client banks of about 40 IFA businesses over the next few years as part of an ambitious growth strategy.

The FSA has banned a Durham-based director of a mortgage broker firm from senior positions in the financial services industry for at least two years.

Advisers worried about changes to charging are probably taking too simplistic a view of how to earn their money, says consulting expert Roderic Rennison.

Arc Capital & Income's administrator has received an FSA waiver which will allow client funds to be distributed.

Sesame Bankhall Group says it will "invest millions" in 2010 to support its member firms make the transition to be RDR-compliant by 2012.

The FSA has banned a director of a debt-ridden insurance broker for failing to notice a co-director had been using client funds to keep the company trading.