FSA

The FSA has told asset managers their own profits must not come as a result of poor treatment of consumers.

The popularity of risk-rated funds has surged as RDR approaches and investors search for greater certainty in tough markets, but research has revealed vehicles sitting within the same risk grade can perform very differently.

Some businesses will not be allocated a dedicated superviser from next year as the regulator - the Financial Conduct Authority (FCA) - looks to adopt a "proactive" rather than "reactive" approach.

The Financial Services Authority (FSA) has charged a trader with seven offences, including fraud and forgery, relating to an unauthorised investment scheme he operated.

The Financial Services Authority (FSA) and Treasury "seem to be in denial of the pending shambles' caused by the Retail Distribution Review (RDR), Lord Flight has argued.

UBS turned a blind eye when traders broke the bank's own internal rules, as long as they made a profit for the bank, the lawyer defending 'rogue trader' Kweku Adoboli has argued.

Connaught Asset Management has entered administration following the suspension of its three unregulated collective investment schemes (UCISs).

The FSA has fined an advisory business £58,300 for advising its clients to invest in high risk products which were "clearly" unsuitable.

Few consumers think the Financial Services Authority (FSA) is doing a good job, research from the Association of British Insurers (ABI) suggests.

Hargreaves Lansdown is telling asset management groups they do not need to overhaul their internal fund rebate systems before the arrival of ‘RDR 2‘ in 2014.