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Regulation

MPPI

FSA concerned over PPI complaint handling behaviour

The FSA has approved consultation on Financial Ombudsman Service proposals to increase PPI case fees and overall levy to allow for more free cases, amid concerns about PPI complaint handling behaviour.

clock 26 February 2013 •

Long Term Care

Pensioners fall victims of healthcare homes con

Tens of thousands of pensioners and people approaching retirement have been sold worthless ‘trust' schemes that promised to protect their home if they went into care.

clock 25 February 2013 •

Regulation

FSA confirms Direct Sharedeal FSCS claims will fall on advisers

The Financial Services Authority (FSA) has confirmed that claims at the Financial Services Compensation Scheme (FSCS) relating to failed stockbroker Direct Sharedeal - which could total £13m - will be paid for by investment advisers.

clock 21 February 2013 •

Regulation

The Euro vision: How did the neighbours cope with G-Day?

The Gender Directive has been implemented Europe wide. So how did the neighbours cope? Alastair Gerrard explores.

clock 20 February 2013 • 7 min read

Regulation

King votes for more QE; MPC considers interest rate cut

Sir Mervyn King voted to increase quantitative easing by a further £25bn at February's Monetary Policy Committee meeting, latest minutes reveal.

clock 20 February 2013 •

Regulation

Lloyds Banking Group hit with further £4.3m PPI fine

The Financial Services Authority (FSA) has fined three Lloyds Banking Group firms £4.3m for system failings, that resulted in up to 140,000 customers receiving delayed payment protection insurance (PPI) redress.

clock 19 February 2013 •

Regulation

FSA upbraids firms for failing to send in qualifications data

The Financial Services Authority (FSA) has criticised firms for failing to send in details of advisers' qualifications.

clock 18 February 2013 •

Regulation

FSA reveals 11.5% drop in adviser numbers since 2011

The Financial Services Authority (FSA) has revealed that the number of advisers practising in the summer of last year was down 11.5% on the previous year, a fall of more than one in ten.

clock 14 February 2013 •

Regulation

FSA hits health and social care firm with £175k fine

The FSA has fiend a health and social care services organisation £175,000 for failing to ensure compliance with share dealing provisions.

clock 14 February 2013 •

Regulation

FSA finds product lapse rates lower among IFAs

Consumers are less likely to surrender on some life and pensions products if they were sold to them by an IFA, data collected by the Financial Services Authority (FSA) suggests.

clock 13 February 2013 •
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