FSA

Some small SIPP operators are failing to meet the FSA's treating customers fairly (TCF) guidelines and must improve, the regulator warns today.

Financial advisers may be able to time-bar client complaints by altering their terms of business (ToB) contracts in a dramatic development in the ongoing long-stop saga.

The ABI says consumers could be confused by new complaints data for financial services firms published today as it does not allow like-for-like comparisons.

Mortgage firms received more than twice the number of complaints in the first half of last year than they did in the first six months of 2006, FSA figures show.

A former trading desk manager at a retail stockbroking firm has been hit with a £20,000 fine by the FSA for failing to spot and prevent insider dealing.

A dozen regional events enabling advisers to give their feedback in person on draft core units agreed for QCF Level 4 qualifications have been announced by the Financial Services Skills Council (FSSC).

Clive Briault, former managing director of the FSA, has joined consultancy firm Financial Services Compliance(EU).

Almost one in 10 applications for top jobs in large financial services firms, including banks, have been shelved since the FSA began to vet candidates for senior management positions.

The chief executive of mortgage network Premier has been banned after the FSA said the firm's "remote" relationship with its appointed representatives (ARs) exposed consumers to poor advice and allowed criminal activity to go unchecked.

The changing face of ASU market throws up opportunities for IFAs, says Alastair Hardie