FSA

The Financial Services Authority (FSA) has published its answers to another batch of advisers' questions on the Retail Distribution Review from its recent events...

The Financial Services Compensation Scheme (FSCS) will not compensate investors bringing claims against Rockingham Independent for allegedly negligent advice - meaning there will be no additional levy for advisers.

A Supreme Court victory for the Financial Services Authority (FSA) could result in the regulator becoming more litigious, according to law firm Taylor Wessing.

The FSA has warned advisers to check mismatches in investment risk when outsourcing to discretionary fund managers.

Three men have been arrested as part of the Financial Services Authority's (FSA's) and Metropolitan Police's ongoing fight against insider dealing and market abuse.

Investec Bank and Morgan Stanley have both modified the terms and conditions of their structured products after the Financial Services Authority (FSA) found terms in both were potentially ‘unfair' to clients.

GOSLING'S GROUSE

The Financial Services Authority (FSA) is holding discussions with asset managers over more effective ways to allow groups to close open-ended funds to new investors.

Taube Hodson Stonex Partners (THS) is launching a retail share class for its flagship £592m International Growth and Value fund, after parting company with St James's Place (SJP) late last year.

Proposals for SIPP capital requirements based on assets under administration should be scrapped as it could risk consumer harm, the Association of Member Directed Pension Schemes (AMPS) has told the FSA.