The FSA and Office of Fair Trading met last month with providers and advisers to debate short-term income protection final guidance. There were demands for the regulator to go further than simply highlighting PPI problems. Has the regulator done its job?...
The Financial Services Authority (FSA) blocked just 30 out of a possible 227,000 applications from individuals to join the financial sector in the six years since the banking crisis erupted, a rejection rate of just 0.01%.
The new City watchdog was last night fighting to defend its chairman amid accusations he enabled HBOS to pursue its reckless lending strategy.
Business secretary Vince Cale is pushing forward on plans to ban three former HBOS directors from acting as company directors.
Advisers have reported confidence post-RDR and a boost to business from increased protection income streams.
An insurance regulation expert has said the newly-formed regulator looks set to "speedily chuck out" failed industry individuals, following the HBOS report condemnation of the FSA's slow enforcement action.
Insurers need to weigh up the risk of alienating IFAs after apparent increase in interaction with end customers post-RDR, Capita has warned.
A recent FSA consultation gave a reprieve to the mutual sector from a possibly fatal course of action. Gareth Evans explains.
Take a look back at the top six most read stories on COVER this week.
The incoming Financial Conduct Authority (FCA) has outlined plans to use new powers permitting it to publish details of enforcement cases, at one of the earliest stages of its proceedings.