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FSA

With-profits firms slammed by FSA

With-profits firms slammed by FSA

The City watchdog is considering enforcement action against two with-profits companies after an investigation showed that many firms are treating policyholders unfairly. Ruth Emery reports. Read more
FSA logo

FSA to be abolished

The Financial Services Authority is to be abolished in a shake-up by Chancellor George Osborne announced less than a week before the emergency Budget. Read more

Record FSA fine for JP Morgan

JP Morgan Securities has been slapped with a record £33.32 million fine from the City watchdog for failing to protect billions of dollars of client money over a six-and-a-half year period. Read more
Gartmore

Gartmore admits link to FSA suspect

Gartmore has admitted that Clive Roberts - an equities sales trader arrested last week on suspicion of insider trading - did a lot of business with the firm. Read more

Worst firms for complaints to be named

Financial firms that receive the most complaints from customers will be named and shamed for the first time this summer, under new plans announced by the watchdog. Read more

Standard Life fined £2.45m for misleading savers

Pension provider Standard Life has been fined £2.45 million for misleading pension customers about underlying investment risks. Read more
Standard Life logo

Standard Life fined £2.45m for misleading savers

Pension provider Standard Life has been fined £2.45 million for misleading pension customers about underlying investment risks. Read more
Man out of pocket

Broker banned for £400,000 con

An insurance broker who conned customers out of nearly £400,000 has been banned by the financial regulator. Read more
Property

Mortgage lender fined over repossession policy

One of the UK’s biggest specialist mortgage lenders has been ordered to pay a record £10.5 million for treating struggling borrowers unfairly and being too ‘trigger-happy’ with repossessions. Read more

Moneywise

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