Regulation

The FSA has said it is "very conscious" of the strength of feeling from financial advisers regarding the Financial Services Compensation Scheme (FCSC) levy in a written response to a recent petition from the FSCS Action Group.

Uncertainty around what the incoming Financial Conduct Authority (FCA) wants from the broking industry is causing the greatest concern in the market and greater clarity must be given before damage is done.

The Scottish BMA is concerned UK welfare reform legislation will lead to poorer health in Scotland.

The Financial Services Authority (FSA) has criticised insurance firms for inadequate planning in the run up to Solvency II in a letter distributed to firms yesterday.

The majority of MPs agree that increasing awareness of the Financial Services Compensation Scheme would improve consumer confidence and contribute to increased financial stability, according to a poll released today.

Governor of the Bank of England, Sir Mervyn King, will signal on Wednesday that interest rates will remain around their record low until the end of next year at the earliest, the Daily Telegraph reports.

The British Insurance Brokers' Association is warning that Europe could force mandatory commission disclosure on brokers by 2019.

The Bank of England's Monetary Policy Committee has resisted calls for further quantitative easing after leaving its programme of stimulus unchanged, with interest rates also kept on hold.

The regulator has set out the circumstances under which the new Financial Conduct Authority (FCA) will exercise its temporary product intervention powers.

More than 74,000 Chartered Insurance Institute (CII) exams were taken in financial services subjects in 2011, the CII has said in its Annual Review for 2011.