FSA

Improved regulator-industry communication and annual "health statements" from the FSA and FOS are called for in the LIA's response to CP04/12.

Risk management seems to be the hot topic that no-one in the industry can really agree on.

The Financial Services Authority is arguing a rising number of appeals against fines it levies on firms and individuals breaking City rules is slowing down the disciplinary process, reports the Guardian .

The Financial Services Authority is rumoured to be thinking of extending the RU64 stakeholder pensions rules across the entire simplified product range once launched.

TESCO is launching itself into the multibillion-pound mortgage lending market, says this morning's Times , to try and pick up even more financial services business.

IFA responses to the Watchdog coverage seem unhappy about the lack of action the financial intermediary market has recently taken to defend itself against yet more bad publicity.

Any IFA who watched the BBC last night is unlikely to have found pleasant viewing at 7pm, as this week's edition of Watchdog did little to help the IFA image.

Government proposals to sell stakeholder products are likely to be "detrimental" to "inexperienced" consumers unless changes are made to improve the basic advice sales regime, according to the Financial Services Consumer Panel.

IT LOOKS LIKE we're going to get running commentary on the L&G versus FSA £1.1m endowment tribunal over the next six weeks, as the Daily Telegraph this morning reports "deficient" systems for processing endowment mortgages have been blamed by the FSA...

The Association of Mortgage Intermediaries has published a guide to completing a compliant sales process, as trade body officials fear brokers do not fully understand the work required after Mortgage Day.