FSA
Financial services
EEA plans to reopen its £600m life settlements fund "as soon as possible", once the outcome of an FSA consultation on the sale of traded life policy investments (TPLIs) has been agreed.
28 February 2012
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Wealth managers
The FSA has finalised its guidance on when firms can (and can not) receive commission post-Retail Distribution Review (RDR).
27 February 2012
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Financial services
The Financial Services Authority (FSA) will allow advisers to continue to take trail commission after 2012 on fund switches within life policies set up pre-RDR.
27 February 2012
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Economics
The FSA has issued updated guidance on firms' use of distributor-influenced funds (DIFs).
27 February 2012
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Financial services
The FSA's acting enforcement head, Tracey McDermott, said the financial services industry is failing to heed the lessons of previous failures and "has no-one but itself to blame" for low consumer confidence in the sector.
24 February 2012
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Alternatives
The government has once again rejected a call to arrange an independent inquiry into the collapse of the Arch Cru funds.
22 February 2012
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Financial services
Keydata founder Steward Ford is seeking to ban FSA staff who saw protected attorney-client e-mails from being involved in an investigation into the company.
22 February 2012
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Financial services
Life settlements fund EEA has generated nearly £40m in revenues in the last two months, despite its suspension following "unprecedented" redemption requests.
21 February 2012
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