FSA pledges to iron out independence wrinkles

During the final session of the first day of the Personal Finance Society (PFS) conference in Birmingham, Nadege Genetay, head of conduct and redress policy at the FSA, was asked if there would be any further guidance on independence. "We are aware people are asking questions and we are in fact considering how we can communicate further in this area," she said. "Watch this space. We will try to do something more." Genetay also said the FSA will assess firms' descriptions of their services after 2012 to ensure consumers are not being misled. "We are going to have information on the ...