The FSA spends too much time and money chastising small firms for the problems facing the financial services industry, and not enough pursuing the biggest culprits: the banks.
More than 80% of advisers would support FSA initiatives, such as TCF, if they lead to a lighter touch regulatory regime, according to Sesame.
The FSA's decision to shut down a Luton-based mortgage broker has been upheld by the Financial Services and Market Tribunal.
The FSA's budget for 2008/9 is to increase by 7.1%, meaning higher levies for regulated firms, it was announced today.
Most advisers would welcome the introduction of customer agreed remuneration (CAR), but only on condition the FSA reduced regulatory fees, research suggests.
Vince Cable has today questioned the sense of giving the FSA a bigger role in the wake of the Northern Rock fiasco.
The financial services industry has welcomed a consultation on proposals to improve the systems currently in place when banks run into trouble.
The FSA has relaunched its consumer website in the wake of tighter economic conditions in the UK.
The FSA today warns some adviser firms could struggle this year because they do not pay enough attention to the sustainability of their business models.
The Treasury Select Committee has proposed giving powers to deal with failing banks to a single member of the Tripartite Authorities as part of a report into the near collapse of Northern Rock.