FSA

Legal & General is to raise the prospect of returning £1bn to shareholders, while Prudential is understood to be in talks with the FSA about returning a large slice of capital to policyholders, according to the Scotsman .

Chief ombudsman Walter Merricks has raised concerns commission disclosure market practices are 'fundamentally flawed' and are at odds with basic legal principles.

A good ten years ago I mentioned in a speech that we were professionals. I was rudely interrupted at that point by an observer who said that by definition we couldn't be professionals as we weren't in a profession.

One third of firms have yet to reach the implementing stage of the ‘treating customers fairly' initiative, despite the Financial Services Authority setting March 2007 as the implementation deadline.

I imagine most IFAs are pretty confused at the moment about how the new conduct of business rules will actually affect their businesses.

Treasury Committee chairman John McFall MP has written to the Financial Services Authority criticising the way it regulates financial advertising.

Advisers have hit back at the Financial Services Authority over its attack on the financial services retail distribution model.

The Treasury Committee has announced a new inquiry into the scope of the Financial Services Authority's insurance regulation.

The Financial Services Authority has raised concerns some intermediaries are treating wrap platforms as an excuse for searching out short-term sources of funding without any consideration for building value in the longer term.

The Financial Services Authority has recognised measuring the progress of the 'treating customers fairly' initiative will be difficult for firms and the regulator itself.