FSA

For years the network propaganda machines have always played down the fact that the clients (or client files) of member firms are actually ultimately owned by the network itself. Although this fact is always conveniently remembered when a member firm...

The Intermediary Mortgage Lenders Association (IMLA) has branded a BBC Panorama investigation into mis-selling of sub-prime mortgages ‘unduly sensationalist' and ‘not representative of the market'.

The FSA has come under fire from the Treasury Select Committee for only reviewing Northern Rock's financial situation every three years.

The FSA chief charged with heading up the Retail Distribution Review (RDR) was today asked to justify why the FSA felt the need to introduce the review in the first place.

Almost four in five mortgage brokers think the sub-prime crisis in the US will continue to have major repercussions on the cost of borrowing in the UK, according to research from All Types of Mortgages (AToM).

Many people are being advised to use equity release before they retire in order to consolidate their debts in what could be a serious breach of TCF, warns Duncan Young, managing director of equity release provider Retirement Plus.

The FSA's bid to improve the Payment Protection Insurance (PPI) market moved forward today after the regulator confirmed comparison tables for consumers will be available from March next year.

The FSA has appointed Chris Pond as its first director of financial capability.

Debate on the Retail Distribution Review has been too focused on emotive areas such as independence, while ignoring other proposals in the consultation paper, according to Aegon's head of corporate affairs, Francis McGee.

The FSA will visit small IFA firms as a deterrent to anti-treating customers fairly (TCF) behaviour.