FSA

The Society of Financial Adviser's annual Update conference has been revamped to give a ‘pick ‘n' mix' feel this November of technical and regulatory advice, business practice, product and investment updates.

Money laundering is in the headlines after the FSA fined the Bank of Ireland £375,000 for failing to implement anti-laundering protocols.

UK life insurers have been warned by the FSA to make sure they have adequate capital reserves and put in place all the legal checks they need to meet promises in the future, says this morning's Daily Telegraph .

Details are expected in the next 24 hours of the FSA's response to IFAs delaying payment of the levy funding the Financial Services Compensation Scheme.

Service provider Selestia has accused the FSA of again failing consumers in its latest attempts to create fairer handling of with-profits policyholders.

ZURICH FINANCIAL SERVICES may drop the brand names of its UK life divisions, says the Times , once it merges Allied Dunbar and Eagle Star into one legal entity later this year.

Document CP 04/14 is the FSA's latest publication on proposals for treating with-profits policyholders fairly.

Shares in stockbroker Collins Stewart Tullett, the FTSE 250 firm, have surged this morning after the FSA announced it has closed its investigation without further action into allegations of "dodgy share dealings".

A flurry of takeover activity in the IFA market has again prompted questions as to how buyers of intermediary firms can be sure they are getting a good deal, and vice versa.

Norwich Union says it intends to introduce "time barring" on mortgage endowment complaints by the end of 2005 and warn its customers of any approaching bar.