FSA

The Financial Services Authority (FSA) is offering free surgeries to financial advisers, mortgage intermediaries and general insurance brokers.

Cheltenham & Gloucester has become the latest mortgage lender to scrap mortgage exit fees as the deadline for lenders to report to the FSA on exit fees approaches.

Providers need to supply more detailed literature to distributors, while also obtaining further feedback, the FSA says.

The Association of IFAs has welcomed the appointment of Hector Sants as chief executive of the FSA, but also points out his "little experience" in the retail adviser market.

Changes to the Financial Services and Markets Act will enable the FSA to consider applications from firms to waive or amend any or all of its rules.

The Financial Services Authority (FSA) has appointed Max Taylor as a non-executive director of the Financial Services Compensation Scheme (FSCS).

More than 90% of advisers doubt the Retail Distribution Review will have any impact on the quality of consumer advice, according to Fidelity International.

Finance firms can no longer automatically offer payment protection insurance after the FSA changed how the products are sold over the internet.

Three in ten advisers would consider leaving the profession if the FSA's bid to split the market based on qualifications came into force tomorrow, research suggests.

JPMorgan Asset Management has launched a free training school which offers advisers the chance to gain qualifications recognised by the Institute of Financial Planning.