TCF

The Financial Services Authority (FSA) has fined the Co-operative Bank £113,300 for "serious failings" in its handling of complaints arising from sales of Payment Protection Insurance (PPI).

FUND SELECTION

GOSLING'S GROUSE

The recent judgement by the Financial Ombudsman against Meteor may have just looked like yet another ruling against another structured investments provider related to Lehman, but the potential consequences of the ruling could be far wider reaching.

The IMA has criticised the Association of British Insurers' (ABI) proposed changes to its Managed sectors, arguing the suggested names are "opaque" and inconsistent with RDR and TCF principles.

ACTIVE MANAGED

Regulation is laying the foundations for funds of ETFs and greater adoption of these products among IFAs, writes Matthew Craig.

Last week saw the launch of the Asset Management Working Group Report, Asset Management: the UK as a Global Centre, which was convened by the Chancellor.

As the entry point to Standard Life, fund groups are becoming increasingly aware of Graham Dow's reputed "iron fist"