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FSA

Your profession

FSA forced to borrow £200m as it sinks into debt

The FSA has borrowed a total of £200m from two banking giants after falling into debt for the first time, reports suggest.

clock 03 August 2009 •

Industry

Broker banned after adding parents' income to application

The FSA has banned a Cornwall mortgage broker for submitting false information on mortgage application forms.

clock 03 August 2009 •

Your profession

Comment: Get ready for an onslaught of 'shocking' performance fees

The Financial Times' David Stevenson

clock 03 August 2009 •

Protection

From under qualified and underperforming to understanding

A large proportion of the protections sales force is under qualified to sell protection in a market offering huge opportunities, says Richard Verdin.

clock 03 August 2009 •

Protection

Market Views

Do you think that any standardisation of qualifications for advisers will improve public trust in the insurance industry, leading to an uptake in the amount of people seeking out independent advice?

clock 03 August 2009 •

Protection

Double fines for security breaches under new rules

Financial advisers have been warned to tighten their data security as new powers mean they could be fined twice for breaches.

clock 01 August 2009 •

Protection

FSA under fire over IP/PPI term confusion

The FSA has been criticised for coupling short-term income protection (IP) with payment protection insurance (PPI) in a letter warning providers about contract terms.

clock 01 August 2009 •

Regulation

FSA rules amended to include 'significant influence' persons

The FSA has extended its regulation to encompass those that perform a ‘significant influence' function at firms. In a policy statement the FSA said it would place greater emphasis on the role of senior management, including non-executive directors (NEDs)....

clock 01 August 2009 •

Regulation

FSA bans adviser for not paying fees

The FSA has banned a mortgage broker for failing to pay his regulatory fees.

clock 31 July 2009 •

uncategorised

FSCP concern over adviser retirement knowledge

The Financial Services Consumer Panel (FSCP) is concerned about the ability of advisers to cope with the growing complexity of retirement income products.

clock 30 July 2009 •
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