FSA

Whitechurch Investment Services and Tudor House Financial Services are two of the 16 firms whose clients could now stand to gain from compensation paid from the Financial Services Compensation Scheme.

Many general insurers and brokers will not be compliant to operate under the new FSA regulations which come into force from January 15th, suggests a technology survey.

Industry and consumers have been put on watch by a new "Dear CEO" letter from the FSA warning that some firms are still not doing enough to meet the needs of customers who are struggling with endowment shortfalls.

New rules for insurance companies calculating capital requirements kick in today as the effects of recommendations in the Tiner Review start to be felt.

The FSA so far has announced agreements with three individuals - David Thomas, David Keen and Alan Kerr - regarding their role in the regulator's investigation into split capital investment trusts.

Spread betting firm Cantor Index has been fined £70,000 by the FSA over the way it promoted its services.

Bradford & Bingley has been fined £650,000 by the FSA for what it calls the widespread mis-selling of precipice and with-profit bonds.

AXA Sun Life has been handed a £500,000 FSA fine for misleading advertisements on two of its products.

Mutual life office directors should be required to follow the same Combined Code of Corporate Governance as listed companies and provide even greater voting rights when seeking to act in the best interests of members, says the latest report from Paul...

IFA firm Read Independent Financial Advisers Limited has been fined £150,000 by the Financial Services Authority for what it calls "serious defects in its sales process" and other handling aspects pension unlocking cases.