FSA

Homebuyer Systems has announced the launch of the latest version of its software platform designed to enable Financial Services Authority (FSA) compliant mortgage and general insurance advised and non-advised sales.

A MUCH-touted house price crash has failed to materialise in 2005, forcing one of the harshest pessimists in the market to renounce its forecast for a 20% slide in property values, according to the Daily Telegraph .

The Financial Services Authority has published a feedback statement on stress testing in firms' risk-management frameworks, summarising the comments it received to its stress testing discussion paper and its responses to them.

Chris Cummings, director general of Aifa and Ami, greeted me in a shirt and jeans on Friday morning - apparently in preparation for the Aifa Christmas party - declaring: "I've actually dressed up today - usually I'm wearing very casual clothes!"

The Financial Services Authority has issued a factsheet calling for an improvement by retail networks in their supervision of Appointed Representatives after a survey found potential shortcomings.

Public understanding of annuities has improved but more work is needed as the debate around pensions hots up, according to the Association of British Insurers.

A Treasury consultation on the regulation of sipps is scheduled to close next week, but pension expert John Lawson queries whether the Treasury will drop its plans following the U-turn on residential property and prohibited assets in self-invested pensions....

The FSA says it will not recommend changes to current limits on compensation imposed through the Financial Services Compensation Scheme.

ABOUT 40,000 investors who lost hundreds of millions of pounds in split-capital investment trusts face further delays before they receive compensation payments, according to the Daily Telegraph .

IFAs may get access to a scaled down version of the 1,000-question long questionnaire used as the basis for assessing the latest disaster recovery exercise for the financial services sector jointly conducted by the FSA, HM Treasury and the Bank of England....