News

The FSA and the FSSC need to agree on who is doing what and why in order to send a clear message to the market, Nick Cann says.

The FSA has moved to reassure IFAs any hikes in mandatory qualifications above QCF Level 4 post-RDR will only be implemented if the industry decides this is needed.

Long term care, mortgage and equity release qualifications could be reviewed by the FSA every three years to "ensure they remain up to date and relevant".

Financial services PR firm Broadgate Mainland has announced the death of Neil Mainland yesterday evening, following a long battle against cancer.

Embattled BP chief executive Tony Hayward has reassured pension schemes the firm's obligations will be met but fails to guarantee dividends.

The Association of Medical Insurance Intermediaries (AMII) is doubling the number of complimentary places available at its conference.

Financial penalties levied on Equitable Life's former auditors Ernst & Young (E&Y) have been drastically reduced by the accountancy profession's disciplinary body.

AIFA says the FSA's planned 30-month time limit for new advisers to qualify is one "arbitrary number" in a paper it says raises more questions than it answers.

Alan Lakey of Highclere Financial Services thinks the FSA's 30-month qualification deadline adds further pressure to an industry already weighed down by excessive regulation.

The head of Informed Choice says the FSA's imposition of a 30-month qualification deadline is "perfectly reasonable" and brings a sense of clarity for advisers.