A shadow minister has claimed the FSA's Treating Customers Fairly (TCF) initiative has failed to adequately protect consumers.
The government has once again rejected a call to arrange an independent inquiry into the collapse of the Arch Cru funds.
The Treasury has again rejected calls to allow more alternative investment market (AIM) shares in individual savings accounts (ISAs).
The government is making 10,000 compensation payments to Equitable Life victims every week, Mark Hoban, financial secretary to the Treasury, has announced.
Shadow Treasury minister Chris Leslie has demanded details on the costs of the Money Advice Service (MAS) to the taxpayer.
The Treasury wants to force the highest paid staff at 15 of the UK's largest banks to publicly disclose their pay.
Mark Hoban has insisted people on average to above average income are unattractive to the financial advice sector, and targeted this as the demographic for the Money Advice Service (MAS).
Mark Hoban, the Treasury financial secretary, has defended the FSA's "pre-empted" response to a recommendation by the Treasury Select Committee (TSC) to delay the Retail Distribution Review (RDR) by one year, saying it does not mean the regulator considers...
The MP who this week had his calls for a government inquiry into the controversial £54m Arch cru investors' payment scheme dismissed by the Treasury, has said the fight for answers will continue in the corridors of Westminster.