FSA

The FSA today defended its stance on dual-pricing during a heated debate on the issue at the Mortgage Business Expo in Manchester.

Nine out of ten advisers believe dual-pricing should be banned by the FSA, according to the latest results of IFAonline.co.uk's straw poll.

The FSA has fined Thinc Group £900,000 for failures when selling and advising on sub-prime mortgages.

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Lenders' focus on business volume over business quality in recent years has created an environment where mortgage fraud can flourish, according to Bob Ferguson, head of financial crime policy and intelligence at the FSA.

The FSA has fined furniture retailer Land of Leather Limited and its chief executive for failing to ensure that Payment Protection Insurance (PPI) was sold correctly.

FSA chief executive Hector Sants is today accused of making "completely contradictory" statements on the issue of dual pricing in an open letter from mortgage adviser Stuart Duncan.

The FSA has come under fire over advertising in financial services after a study suggested standards have not improved in the last two years.

Comparison websites for insurance products are failing to treat their customers fairly, an FSA review concludes.

The FSA needs to make clear whether it refers to lenders, intermediaries or both when communicating messages about the performance of firms, according to the Council of Mortgage Lenders (CML).