News

The FSA has suggested it is likely to go ahead with a ban on fund manager rebates when it publishes a consultation paper at the end of the month.

Warren Page, the chief operating officer of Towergate Financial, has been promoted to chief executive, replacing Dan Saulter.

The FSA has fined the head of European credit sales at Credit Suisse £210,000 for improper market conduct and disclosing confidential client information.

The government has legislated to prevent a tax avoidance scheme involving the use of fake property businesses.

The Financial Services Authority (FSA) has identified consumers abandoning annuities as a cause for concern in this year's Retail Conduct Risk Outlook.

Connaught Asset Management has suspended redemptions from its Connaught Income Fund Series 1 after a review flagged the possibility that some of the fund's loans may be under-secured.

The Financial Services Authority (FSA) is taking a closer look at firms operating as Authorised Corporate Directors (ACD), after warning of potential conflicts of interest.

In today's Retail Conduct Risk Outlook the Financial Services Authority (FSA) identified the five products it feels pose the greatest mis-selling risk to consumers.

The Financial Services Authority (FSA) has cited a number of potential concerns it believes could lead to consumer detriment as firms make changes to their business models ahead of RDR implementation next year.

The Financial Services Authority (FSA) has claimed one of the major risks to consumers over the next 18 months is that of being mis-sold unsuitable financial products.