FSA

The Financial Services Authority (FSA) has criticised insurance firms for inadequate planning in the run up to Solvency II in a letter distributed to firms yesterday.

JLT Wealth Management has confirmed it is suspending defined benefit (DB) transfer exercises after the Financial Services Authority (FSA) issued guidance on how transfer values are to be calculated.

SAVINGS

A lawyer representing advisers potentially caught up by the Arch Cru redress scheme has hit out at the Financial Services Authority (FSA) for its attitude towards small firms.

The Financial Services Autority (FSA) has fined Swiss bank Habib AG Zurich £525,000 for failing to establish and maintain adequate anti-money laundering systems.

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

PanaceaIFA's chief executive has hit out at the number of high-profile departures at the Financial Services Authority (FSA).

The Financial Services Consumer Panel (FSCP) has called for new regulator to be able to publish the results of mystery shopping exercises, among other recommendations for increased transparency.

CONDENSED NEWS

A financial adviser has failed in his appeal against a ban imposed on him by the Financial Services Authority (FSA) for failings related to advice on occupational pension transfers.