FSA

Recently there have been press releases all over the place giving details of a long awaited joint ABI/AMPS statement designed to ensure that charging structures on SIPPS are communicated clearly and accurately to the consumer.

Tension between the Association of British Insurers (ABI) and the Law Commission over non-disclosure rules is mounting following a television programme focusing on declined claims.

The FSA says it will not extend its remuneration code for banks to practitioners in other sectors, such as independent financial advisers.

Fears an independent professional standards board (IPSB) would represent another tier of regulation are misplaced, the Chartered Insurance Institute (CII) says.

Meteor Asset Management has received FSA approval to establish a separate administration company which will give greater protection to investors.

Yorkshire Building Society chief executive Iain Cornish has been appointed chairman of the 12-member Financial Services Practitioner Panel (FSPP).

The FSA has banned a Leicestershire-based broker for using high pressure sales techniques and selling subprime mortgages to customers with bad credit.

2plan Wealth Management has become the first national IFA firm to enact a successful two-way disaster recovery trial in only ten hours.

The FSA has urged advisers to think ‘very carefully' before using accelerated pension drawdown schemes.

Banks systematically sell products and the RDR will not change that, Sesame Bankhall executive chairman Ivan Martin says.