FSA

Pension providers will now have to include the impact of inflation in personal pension illustrations after the Financial Services Authority (FSA) released its final rules on the issue.

CAP AD

The Financial Services Authority (FSA) has confirmed that Fyshe Horton Finney Stockbrokers has entered the special administration regime (SAR).

Advisers and providers reiterated the "catastrophe" that would befall the advice sector if the incoming Financial Conduct Authority (FCA) read across a ban on commission in the retail investment market to protection.

Some agents selling Harlequin properties before March 2009 misled investors into thinking that their investment money would be held securely in ring-fenced accounts.

The Financial Conduct Authority (FCA) has appointed three chairmen, including the chief executive of Nationwide, to lead the independent panels set up to represent its constituents' interests and provide independent views to the regulator.

Local authorities should only recommend regulated financial advisers to people requiring advice on funding their long-term care, an influential committee has recommended.

The incoming Financial Conduct Authority (FCA) has outlined how it plans to use new powers permitting it to publish details of enforcement cases at one of the earliest stages of its proceedings.

TailorMade Independent, a distributor of Harlequin Property investments, has had its permissions changed to restrict its ability to carry on new pensions business.

The Financial Services Compensation Scheme (FSCS) has cut its interim levy for investment intermediaries for 2012/13 from £25m to £20m, and has said it will not rule out pre-funding as a means of raising cash for the scheme.