Financial services firms have warned the cost of complying with regulations after the Financial Services Authority is split next year could rise by 20%, according to a survey by consulting firm Protiviti.
The June FSA figures for PPI complaints show a drop for the first time this year.
Charter UK has questioned the Financial Ombudsman Service review that has rejected calls for claims management companies to pay a fee for submitting bogus cases.
The Financial Services Authority (FSA) board has expressed concerns about the accountability of the Money Advice Service (MAS).
A decision by HSBC to set aside a further £340m to fund payment protection insurance (PPI) compensation claims has taken the amount banks have now earmarked for PPI mis-selling redress to almost £10bn, a report says.
The answer to long-term care funding issues is ongoing with the Dilnot review central to industry debate. The FSA has published final guidance stating a qualification in long-term care will not be required of independent intermediaries post-RDR - what...
The Financial Services Consumer Panel has made six recommendations to ensure the incoming regulatory structure will be "smarter, faster and bolder" than the FSA.
The Financial Services Authority (FSA) has blocked acquisition activity by a financial adviser, questioning her reputation and citing her lack of honesty and integrity.
Gender-neutral pricing will stir up the market but insurers will settle down within a year with no long-term affects, Fitch Ratings stated in a seminar today.
Advisers offering protection advice are in a "very small" minority, according to PG Mutual.