FSA

IFAs have welcomed news the Financial Services Authority (FSA) is proposing to remove the statutory audit requirements in the Companies Act for small firms and Appointed Representatives (AR).

Proposals to remove the statutory audit requirements under the Companies Act for small firms and Appointed Representatives (ARs) have been issued by the Financial Services Authority (FSA).

The Financial Services Authority (FSA) has made recommendations for providers of term assurance, payment protection insurance (PPI) and income protection products to consider when designing financial promotions.

Mortgage intermediaries widely support the "de-bundling" of accident, sickness and unemployment PPI, but some industry figures argue consumers will not necessarily benefit from such a change.

The Financial Services Authority (FSA) has announced changes to its supervisory approach, which aim to improve its Arrow risk framework, the way it manages relationships with firms and how it deals with general correspondence.

The Financial Services and Markets Tribunal has upheld a Financial Services Authority (FSA) case against solicitor Allen Phillip Elliot after finding he is not fit and proper to work in the regulated financial services industry.

The Financial Service Authority (FSA) has published its consultation paper detailing how it intends to regulate all personal pensions, from April 2007.

MARK WOOD, the former UK chief executive of Prudential, has convinced former FSA chairman Sir Howard Davies to join the board of his new insurance company, The Times says this morning.

Grant Thornton Corporate Finance is predicting a slower year of activity on the Alternative Investment Market, following another record-breaking year last year.

The Association of Mortgage Intermediaries has published a factsheet on how to incorporate the FSA's Treating Customers Fairly regime into business processes of smaller intermediary firms.