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FSA

Investment

NU faces £11m compensation bill

Norwich Union (NU) will have to pay £11m in compensation after the firm was found to be overcharging stakeholder pension customers.

clock 10 November 2008 •

Investment

FSA holds international boiler room summit

The FSA is hosting the world's first international conference on preventing boiler room fraud.

clock 10 November 2008 •

Your profession

Gabriel deadline extended after system failure

The FSA has extended deadlines for advisers hit by last month's breakdown of its new regulatory reporting system for small firms, Gabriel.

clock 06 November 2008 •

Mortgages

Banned brokers avoid £30k FSA fine

Two mortgage brokers have been banned by the FSA for putting their clients at risk of receiving an unsuitable mortgage.

clock 05 November 2008 •

Your profession

Skandia quits ABI in RDR row

Skandia says the Association of British Insurers' stance on the Retail Distribution Review (RDR) has left it with little choice but to leave the trade body.

clock 03 November 2008 •

Your profession

FSA moves to end fees-splitting

Firms refinancing should be charged directly for the extra regulatory costs involved rather than the whole sector splitting the bill, the FSA proposes.

clock 30 October 2008 •

Investment

Axa launches Save More Tomorrow pension

Axa has launched its Save More Tomorrow pension plan, which automatically increases the level of contributions over the duration of the pension.

clock 29 October 2008 •

Your profession

Firm hit with £49k money laundering fine

A corporate financial advice firm has been fined £49,000, and a board member £17,500, for leaving the company exposed to money launderers.

clock 29 October 2008 •

Mortgages

FSA uncovers 70% rise in repossessions

The number of home repossessions in the UK has soared by over 70% during the past year, according to research from the FSA.

clock 28 October 2008 •

Technology

FSA's Gabriel system breaks under pressure

The FSA's latest reporting system for intermediaries, Gabriel, has been suspended due to technical glitches.

clock 27 October 2008 •
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