FSA

The Financial Services Skills Council is to develop a training and competence endorsement scheme, which would provide firms' senior management with an industry-wide T&C standard.

The Financial Services Authority has appointed Tony Ashford and Rosalind Reston as non-executive directors of the Financial Services Compensation Scheme, with effect from 1 February 2007.

Just one in three advisers believes with-profits bonds do have a future provided they are properly managed, claims new research from Fidelity FundsNetwork.

Rumours two insurance companies have closed their doors to new self-invested personal pension business have been denied by the companies.

Lenders have until 28 February to decide how they will apply mortgage exit administration fees and to justify any increases to such fees, under a new statement of best practice from the Financial Services Authority.

The Financial Services Authority's 'firms online' system will be unavailable from 27 to 29 January and from 2 to 5 February while the system is being upgraded.

The Financial Services Authority has banned IFA George Robert Piggott from carrying out regulated activities for his threatening behaviour to clients and his reliance on forged documents.

Self-invested personal pensions are at risk of being mis-sold at both ends of the market by '"ill-equipped" advisers, warns SG Wealth Management.

The Financial Services Authority has been designated as a competent authority under the EC Consumer Protection Co-operation Regulation, which came into effect on 8 January.

The Financial Services Authority is urging advisers to consider whether their communications constitute financial promotions and, if so, whether they are meeting regulatory requirements.