Consumers must be protected against data overload and given clear, simplified information so the FSA is reviewing several documents given to prospective clients, says its chairman Callum McCarthy.
An IFA has been banned from trading by the Financial Services Authority (FSA) for two-years for mis-selling precipice bonds.
Stephen Bland, the FSA's director of small firms, defended the regulator's treating customers fairly (TCF) initiative at Aifa's Leaders of the Industry lunch yesterday.
EQUITABLE LIFE policyholders will tomorrow urge the European Parliament's Petitions Committee to intervene in their battle to force the Government to pay compensation, say the Daily Telegraph .
The Financial Services Authority has uncovered evidence suggesting mortgage brokers encourage their clients to lie on sub-prime mortgage applications.
The consumer watchdog Which? has published a discussion paper calling on the financial services industry to work with it to restore consumer confidence by, among other things, reforming commission based payments.
Thirty intermediary companies were forced to change their Financial Services Authority status during the last twelve months, the regulator has revealed.
The FSA has set another precedent which suggests retrospective regulatory action could be looming over the heads of financial advisers yet again, and has done so on the back of research which doesn't reflect the UK population.
The Association of British Insurers (ABI) has published a position paper on contracting out of the State Second Pension following the reports from the Financial Services Authority (FSA) and Which?.
The Financial Services Authority (FSA) has signed extended an arrangement it has had in place with the City of London police to all polices forces in England and Wales.