View more on these topics

Which? consumer critic to join FSA

Which? magazine managing editor Graeme Jacobs is set to join the FSA as head of consumer information.

Jacobs will join the FSA this Easter after 10 years with Which?, the magazine of the Consumers Association.

Which? has been highly critical of the role of the FSA in a number of areas including with-profits, endowments, pension misselling, polarisation and orphan assets.

The appointment comes at a time when the Consumers Association&#39s recent report on with-profits is still causing reverberations throughout the industry.

Jacobs rejects suggestions of being a poacher turned gamekeeper. He says:

“I see the move as a natural progression for me. I want to help consumers and this is an extension of what I have done here at Which? I do not see any conflict in the move.”

The FSA says the appointment is in line with its objective of increasing consumer protection and promoting public understanding of the financial system.

Recommended

New compensation scheme declares 48 IFAs in default

The Financial Services Compensation Scheme has declared 48 IFA firms in default so far this year. The first figures from the scheme, which took over officially from the Investors Compensation Scheme this month, reveal a drop of 12 firms defaulting compared with the same period last year. Around 360 firms slid into default in 2000, […]

Barclays opens up to multi funds

Barclays Stockbrokers has introduced the multi-fund Isa.Clients who invest in the product will be able to choose from 116 different managed and tracker funds. These will include ones offered by 14 external fund managers, ranging from ABN Amro to Gartmore, Merrill Lynch, Perpetual, Threadneedle and Schroders.The funds on offer will have varying degrees of risk, […]

&#39Treasury ruined chance to overhaul regulation&#39

The Financial Services Consumer Panel has accused the Treasury of destroying the FSA&#39s chance to overhaul existing financial services rules. It says the Treasury failed to give the FSA sufficient time to conduct a fundamental review of the rules bysetting an unrealistic timetable for the regulator to assume its powers. The panel wants a wide-ranging […]

Top brokers honoured in Mortgage Power awards ceremony

Mortgage broker network The Mortgage Power held its fourth annual awards ceremony last month. Chief guest Bill Cherry, managing director of sub-prime lender Southern Pacific Mortgages, gave away 19 awards for achievement to the highest-producing members. Champion of The Mortgage Power was judged to be Anant Kumar, of PIP Associates in Wembley, who produced the […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com