The chief executive of the Association of Mortgage Intermediaries (AMI) has hit out at the Financial Services Authority (FSA) over its failure to launch an individual registration scheme for mortgage advisers.
Advisory businesses will see a marked reduction in the amount they contribute to the Money Advice Service (MAS) in 2013/14 if proposed changes to the way it is funded are approved.
A report by Fidelity and the Cass Business School suggests as many as 43 million Britons could fall into what they call a "guidance gap" as a result of the Retail Distribution Review (RDR).
Wiltshire Friendly has said discussions with the FSA have resulted in an exemption from RDR rules ‘Holloway Policy Special Application Conditions' (HPSAC) for certain Friendly Societies.
The FSA is considering proposals to introduce time limits for PPI complaints, as put forward by the British Bankers' Association (BBA).
Providers including banks and insurance companies may be forced to part-fund compensation costs sparked by the failure of intermediaries, after the Financial Services Authority (FSA) re-drafted proposals on funding the Financial Services Compensation...
Partnership has outlined a minimum level of qualification for advisers engaging in long term care advice and is hopeful this will be enshrined in law.
The Financial Services Authority (FSA) failed consumers and the Financial Conduct Authority (FCA) must take a "radically different approach" to regulation, a group of influential MPs has said.
The Financial Services Authority (FSA) is reported to be in talks with the banking industry to set a deadline for customers being able to claim for mis-sold payment protection insurance (PPI).
Royal London is calling on government to honour its initial coalition commitment to promoting mutuality in financial services.