FSA

My first year as a journalist on IFAonline has seen an influx of emails from readers expressing their thoughts - or more often their anger - about fees, claims management companies, the FSA and many other issues affecting their business.

Advisers and product providers have wholeheartedly agreed with the Association of British Insurers' call to scrap the age 70 rule, saying it is anti-competitive and restricts consumer choice.

The Financial Services Authority has fined Regency Mortgage Corporation Limited £56,000 for failures in its sale of mortgage-related payment protection insurance (PPI) in the sub-prime market.

The Association of British Insurers is calling for the abolition of the ‘age 70 rule' to make it easier for people with a protection need over age 70 to buy life and protection insurance.

Research often shows a divide between men and women's level of savings and financial awareness, but it may be because women are more likely to admit when they don't understand something.

Proposals to merge the customer functions in the approved persons regime have been published by the Financial Services Authority.

The Financial Services Authority has set out its likely proposals for implementing the client categorisation provisions in the Markets in Financial Instruments Directive (Mifid).

The Financial Services Authority has published a paper explaining changes to its Arrow risk framework as part of its programme of making it easier to do business with.

The Financial Services Authority has emailed firms likely to be subject to the risk-based requirements of the Capital Requirements Directive (CRD) with an assessment of their categorisation.

As a manager closely involved in the Financial Services Authority's insurance regime, Stephen Walton warns the regulator will be taking a much tougher stance from now on towards firms which breach its rules.