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FSA

Regulation

FSA finds product lapse rates lower among IFAs

Consumers are less likely to surrender on some life and pensions products if they were sold to them by an IFA, data collected by the Financial Services Authority (FSA) suggests.

clock 13 February 2013 •

Investment

The seven deadly sins in bank advice

DEADLY SINS

clock 13 February 2013 •

Regulation

FSA uncovers poor bank investment advice after mystery shop

The Financial Services Authority (FSA) has uncovered evidence of incompetency among investment advisers at a number of banks and building societies - resulting in unsuitable advice in some cases - following a mystery-shopping exercise.

clock 13 February 2013 •

Investment

How not to sell a fund: UBS's AIG failings revealed

TCF

clock 12 February 2013 •

Managed solutions

FSA to clarify UCIS ban excludes VCTs, REITs

The Financial Services Authority (FSA) is set to make clear that venture capital trusts (VCTs) and real estate investment trusts (REITs) will not be included in a forthcoming ban on the sale of unregulated collective investment schemes (UCIS) to most...

clock 12 February 2013 •

Investment

UBS fined £9.45m for AIG fund sale failings

The Financial Services Authority (FSA) has fined UBS £9.45m for failures in the sale of the AIG Enhanced Variable Rate fund.

clock 12 February 2013 •

Regulation

FSA wins legal battle against illegal land banking scheme

The High Court has ruled two men and their two firms, Asset Land Investments and Asset L.I., ran a £15m illegal land bank by operating a collective investment scheme without Financial Services Authority (FSA) authorisation.

clock 11 February 2013 •

Investment

Connaught investors prepare for TV appearance

Pension investors in the failed Connaught Series 1 fund are being urged to take part in a TV programme to highlight their plight.

clock 11 February 2013 •

Investment

Regulators launch pension liberation crackdown

Regulators have joined forces to raise awareness of pension liberation "predators" who target cash-strapped workers promising to release their pension as a loan or lump sum.

clock 11 February 2013 •

Investment

AMPS highlights flaws in cap ad proposals

The FSA's proposed SIPP capital adequacy measures risk causing consumer detriment according to the Association of Member Directed Pension Schemes (AMPS).

clock 08 February 2013 •
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