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).
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...
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.
The Financial Ombudsman Service (FOS) is set to ask the Financial Services Authority (FSA) to increase the amount it levies firms by £5.3m to £23m.
SIFA, a body aimed at promoting collaboration between solicitors and independent financial advisers, has clarified its membership eligibility rules to reflect changes to the definition of IFA.
The Financial Services Bill, which will deliver fundamental reform of financial regulation in the UK, has received Royal Assent.
The Queen has spoken about "lax" City workers and a banking regulator which "didn't have the teeth" to intervene as she discussed the causes of the financial crisis during a visit to the Bank of England
The FSA has confirmed that advisers who are not level 4-qualified can still advise on Holloway insurance products.