FSA

The Financial Services Authority (FSA) has fined an independent financial adviser £60,000 for the unsuitable sales of Unregulated Collective Investment Schemes (UCIS) and other non-mainstream investments.

Retirement Planner's round-up of the top pension stories this week.

The Association of Independent Financial Advisers (AIFA) is urging members to challenge the Financial Services Authority (FSA) over proposals to force advisers to compensate clients invested in Arch Cru.

A government minister has joined the growing number of voices expressing concerns about Money Advice Service chief executive Tony Hobman's remuneration package.

Financial advisers will pay a lower fee to fund the Financial Services Authority (FSA) than initially thought after arrangements for 2012/13 were finalised.

The Financial Services Authority has fined hedge fund boss Alberto Micalizzi £3m and banned him from performing any role in regulated financial services, after he lied to investors in his now defunct fund.

An unregulated property investment company has retracted claims its investments were approved by the Financial Services Authority (FSA) and HM Revenue & Customs (HMRC) to be purchased with a pension.

Three people have pleaded guilty to insider dealing following a prosecution brought about by the Financial Services Authority (FSA) relating to Blue Index, although two other employees caught up in the same case have been acquitted.

The Financial Services Authority (FSA) has banned George Leavey, the managing partner at stockbroking firm First Colonial Investments (FCI), for reckless misconduct.

The man responsible for HSBC's UK retail and commercial banking business has been named as the next chairman of the Financial Services Practitioner Panel (FSPP).