FSA

The FSA has banned two mortgage brokers for submitting false applications to lenders it was announced today.

Two in three mortgage brokers believe a ‘mortgage RDR' would be a positive development for the market, according to research from the Mortgage Business Expo.

The Financial Services Consumer Panel (FSCP) is concerned some homeowners could lose their homes because they are unaware of the FSA's rules on possession proceedings.

Financial advisers have largely welcomed the FSA's apparent u-turn on linking the term ‘independent' to an adviser's remuneration methods, research by Unbiased.co.uk suggests.

The Association of Mortgage Intermediaries (AMI) has called for calm across the mortgage arena after the FSA's Philip Robinson suggested criminal activity is rife in the market.

The FSA has investigated over 200 cases of possible mortgage fraud submitted by lenders in the past 18 months it was revealed today.

A ‘fake' stockbroker has been sentenced to 15 months imprisonment for dishonesty including theft, the FSA has confirmed.

The FSA has banned a former broker at Square Mile Securities for "dishonesty" and "misleading customers".

A series of with-profits roadshows designed to help answer adviser queries posed by the FSA's with-profits sector briefing issued in July last year has kicked off across the UK.

Calls for the FSA to extend its regulatory remit to comparison websites gathered pace today with other firms putting their weight behind the appeal.