FSA

The Chancellor, Alistair Darling, has dismissed a Treasury Select Committee suggestion to merge the FSA and the Bank of England.

FSA chief executive Hector Sants used a recent speech on IFA reward schemes to take a swipe at commission-based remuneration, according to law firm CMS Cameron McKenna.

Nine out of ten advisers think primary advice proposals in the Retail Distribution Review (RDR) will be bad for the industry, according to a Fidelity poll.

FSA chief executive Hector Sants has warned against IFA firms using performance rewards, saying they could be breaching its treating customers fairly (TCF) principle.

The FSA has fined an adviser firm £10,500 for exposing consumers to the risk of being sold unsuitable equity release products.

The FSA has stripped detailed regulations from its investment product advertising rulebook.

The FSA will run surgeries in northern England for IFAs next week.

The Association of Mortgage Intermediaries (AMI) has launched a campaign to help members meet the March deadline for complying with FSA rules on treating customers fairly (TCF).

The Association of IFAs (AIFA) has accused the FSA of giving greater weight in the Retail Distribution Review's proposals to bancassurers and product providers.

The FSA has banned a financial adviser from doing regulated business, after two insurance brokers reported he had left clients uninsured.