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FSA

Structured Products

Investors may wait years and pay fees to get Lehman struc prod compensation

A year on from the collapse of Lehman Brothers, providers of structured products backed by the bank say it will be years before their clients receive compensation.

clock 17 September 2009 •

RDR

Former FSA consultant warns RDR won't work for consumer

The RDR represents a bad deal for consumers, according to a former FSA consultant.

clock 17 September 2009 •

Industry

Broker banned for lack of capital

The FSA has banned Welsh broker Talking Mortgage Solutions (TMS) for not maintaining enough capital.

clock 17 September 2009 •

Industry

Possessions and arrears fall in Q2

The number of new possessions and arrears cases fell in Q2 2009, according to the latest statistics from the FSA.

clock 15 September 2009 •

Industry

Mortgage broker banned for inadequate controls

The FSA has banned Manchester mortgage broker Arthur Kirk, trading as Grosvenor Mortgage Advice Centre, for failing to establish proper systems and controls at his business.

clock 15 September 2009 •

Industry

Mortgage broker fined in landmark FSA prosecution

In the first criminal prosecution of its kind by the FSA, a mortgage broker has been fined £6,000 for failing to notify the regulator about a change in control at a regulated firm.

clock 10 September 2009 •

Industry

FSA bans broker over unpaid fees

The FSA has cancelled the permission of Peter David Alexander Crane, trading as David Crane Mortgage Broker, for unpaid fees.

clock 10 September 2009 •

uncategorised

Retirement boosts financial problems by third - FSA

Retirement increases financial problems by almost one third, with many people ill prepared for life as a pensioner, FSA research reveals.

clock 10 September 2009 •

Investment

Fraudsters posing as Royal London target investors

Royal London Asset Management and the FSA are warning investors of a fraudster firm operating under the ‘Royal London Investment Group' banner.

clock 08 September 2009 •

Regulation

Barclays fined £2.45m for poor data handling

The FSA has fined Barclays almost £2.5m for failing to provide accurate reports to the regulator.

clock 08 September 2009 •
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