FSA

The Financial Services Authority (FSA) and its successors are to spend as much as £5m on hiring outside consultancies to carry out economic analysis.

Barclays is at the centre of further scandal after a senior executive quit following revelations he shredded a report which said part of the bank was "out of control".

Gary Dale, head of intermediary sales at Investec Structured Products, addresses the misconceptions blighting the investment plans.

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) is planning to widen its review into firms' sales incentives following an assessment last year into operating incentive schemes that may drive mis-selling.

In the lead-up to the Retail Distribution Review (RDR), and now that it has arrived, one of the key areas of impact is client suitability.

MARKETS

The Association of Investment Companies (AIC) has warned offshore investment trusts and UK REITs could be under threat from FSA proposals to ban promotions of unregulated collective investment schemes (UCIS) to ordinary retail investors.

Spanish boutique asset manager March Gestión de Fondos (MFG) is poised to enter the UK market with the launch of three funds.

The Financial Services Authority (FSA) has taken action against Ilford based Baronworth Investment Services and its chief executive, Colin Jackson, for failing to ensure their direct offer financial promotions were ‘fair, clear and not misleading'.