The FSA has helped investors to retrieve over £1m after they were illegally sold shares by unauthorised, foreign investment firms, known as boiler rooms.
New entrants to the equity release sector need to be focused on delivering a first class service in an ethical manner, according to Bridgewater Equity Release.
The Government is to consult on new laws to protect savers' money and to prevent banks from going bust it was announced today.
Firms will struggle to meet the latest FSA deadlines for implementing TCF, according to a new survey which suggests firms still prioritise new over existing customers.
Progress from Royal Liver has launched a website to help adviser firms adopt the principles of TCF.
The Financial Services Authority has slapped a £350,000 fine on a private bank - and warned other firms they face large penalties if their anti-fraud systems are found wanting.
The Consumer Panel has hit out at the regulator for not demanding firms directly contact up to 120,000 people potentially mis-sold in contracting out of the State Second Pension (SERPS/S2P).
The FSA says it has found no evidence of widespread mis-selling following its investigation into the sales of policies used to contract out the State Second Pension (S2P).
The Association of IFAs has leapt to the defence of smaller firms after an FSA report found a large portion of them to be failing to implement TCF.
At least one large company with a defined benefit scheme is considering reopening the pension but on a risk-sharing basis, claims the Pensions Regulator.