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Treasury committee probes FSA response

The Treasury select committee is taking evidence looking at the responsiveness of the FSA to the needs of consumers and progress in relation to its Better Regulation Action Plan as part of its regular scrutiny of the regulator.

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PPI problem could be tip of iceberg

Having heard continuous reassurances from mortgage industry trade bodies that payment protection insurance is not a problem for mortgage intermediaries, I found it ironic that the first penalty handed out by the FSA in relation to this misselling scandal should be to exactly such a firm. Furthermore, who is to say that Regency Mortgage Corporation’s […]

Mystery shocker

Advice: Compliance consultant Adam Samuel says the FSA’s mystery-shopping results underline the fundamental importance of asking the full range of questions for a fact-find and carefully considering the answers to fit the pieces together to make an accurate assessment of understanding clients’ attitudes to risk before giving investment advice

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