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News

Regulation

TSC advisers pushed FSA to scrutinise its role in RBS failure

Special advisers to the Treasury Select Committee have revealed they felt compelled to press the Financial Services Authority to better scrutinise its role in the downfall of Royal Bank of Scotland.

clock 13 December 2011 •

Tax Planning

HMRC quadruples fine income with rule change

Her Majesty's Revenue and Customs (HMRC) will more than quadruple its income from fines of self-assessment taxpayers after a rule change.

clock 13 December 2011 •

PMI

NHS seeing three fold differences in cancer referrals

A new atlas of the NHS has been produced highlighting variations in coverage of 71 different treatment areas across the country.

clock 12 December 2011 •

Insurer

Major insurers hit by credit rating warning

Axa, Allianz and Aviva groups are among 15 insurers that Standard & Poors (S&P) have warned face a downgrade in their credit rating.

clock 12 December 2011 •

Investment

Gee: I've never seen so much mis-selling

Adviser Philippa Gee has said she has taken on more clients in the last six months who have suffered past mis-selling than she has come across at any time in her 20 year career.

clock 12 December 2011 •

RDR

RBS report: FSA attention 'diverted by RDR' during crisis

The FSA's "deficient" supervision of banks in the run-up to the 2008 financial crisis was partly down to the diversion of senior managers' attention toward matters seen as more pressing at the time, such as the retail distribution review (RDR) and Equitable...

clock 12 December 2011 •

Wrap/platforms

Novia poaches Skandia head of operational strategy

Novia has appointed Sally Stephens, formerly of Skandia, as head of operations.

clock 12 December 2011 •

PMI

Advisers and doctors demand PMI inclusion in market study

Doctors have called on the Competition Commission (CC) to expand the private healthcare market study to include the operations of private medical insurance (PMI).

clock 12 December 2011 •

Critical Illness

Cost of cancer to soar by two thirds in next decade

Britain will be facing a bill of more than £15bn a year to diagnose and treat cancer in ten years time, new research has suggested.

clock 12 December 2011 •

Investment

AIFA: FSA action on TLPIs caused 'real consumer detriment'

The Association of Independent Financial Advisers (AIFA) has called for the Financial Services Authority to be accountable over its intervention into the traded life settlement investment industry, which the trade body said has caused "real consumer detriment"....

clock 12 December 2011 •
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