FSA

Compensation payments due to consumers mis-sold Payment Protection Insurance (PPI) slowed in January for the first time since September, with £403m paid in redress.

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A $60bn hedge fund is among four bidders for the assets of life settlements fund ARM Asset Backed Securities.

The man arrested by the Financial Services Authority (FSA) in connection with an unauthorised foreign exchange trading scheme also hit headlines last month, it has emerged.

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WHAT'S RDR?

The Financial Services Authority (FSA) is to publish a guide explaining the Retail Distribution Review (RDR) to consumers.