The Financial Services Authority (FSA) is consulting on a change to its adviser charging rules to ensure advisory firms do not receive any kick-back payments from discretionary investment managers (DIMs) in exchange for recommending their services.
Fewer pension scheme members will be offered the chance to transfer out following the introduction of a voluntary code of conduct and changes in how members are advised, law firm Osborne Clarke has said.
The new financial regulators will have the power to discipline individuals for activities outside of the controlled functions they perform, under rules proposed by the Financial Services Authority (FSA).
IFA consolidator and wealth management business Bellpenny has received authorisation from the Financial Services Authority (FSA) today.
Shadow home secretary Yvette Cooper yesterday called for new laws to be written to better deal with financial crimes such as LIBOR manipulation.
The Financial Services Authority (FSA) has defended its decision to warn providers and advisory groups about securing "distribution agreements" which may appear to be commission by another name, saying it has evidence of deals which have raised its suspicions....
Firms offering restricted advice are spreading "propaganda" about the apparent difficulties of meeting the Financial Services Authority's (FSA's) new independence rules, according to consultant David Severn, a former head of investment business policy...
The Financial Services Authority (FSA) has charged four men with conspiracy to insider deal between 1 November 2006 and 23 March 2010.