FSA

The FSA's suggestion advisers must question providers over unclear product information could limit consumers' access to independent, whole-of-market advice, warns the Association of IFAs.

A handful of the UK's largest banks and lenders are set to be landed with multi-million pound fines from the Financial Services Authority over the next few weeks for mis-selling payment protection insurance, reports the Independent .

A new division to tackle the risks posed by financial crime has been created by the Financial Services Authority.

The Financial Services Authority has fined W Deb MVL, formerly Williams de Broe, £560,000 for failings in its systems and controls, which resulted in poor accounting systems and inadequate client money protection.

The Financial Services Authority has announced which industry figures will lead the working groups of its retail distribution review, launched in June last year.

The government has announced Paul Thornton, managing director of Gazelle Corporate Finance, will lead its external review of organisations involved in the regulation and protection of workplace pensions.

The Financial Services Authority has clarified which qualifications advisers must have before they can recommend long-term care policies, as well as stressing the importance of considering means-tested state benefits when giving advice.

The Association of Mortgage Intermediaries has published a training and competence factsheet, following the Financial Services Authority's review of the quality of mortgage advice processes.

So, here we are in 2007. My first question is why have no songwriters written a song about this year? I remember the days of ‘Ninety-naughty three…yeah you know me'; ‘Tonight we're gonna party like it's 1999'; and ‘Let's all meet up in the year 2000'....

The Chartered Insurance Institute is launching a home reversion examination unit to coincide with more stringent Financial Services Authority authorisation requirements.