The Financial Services Authority (FSA) spotted flaws with the Arch Cru marketing literature and ordered changes before the funds' suspension, Treasury financial secretary Mark Hoban has claimed.
Andrew Tyrie, the chairman of the Treasury Select Committee, has stepped up his efforts to make the Financial Conduct Authority (FCA) more accountable to Parliament than its predecessor, the Financial Services Authority (FSA).
MPs have rejected calls to reintroduce the retail prices index (RPI) for pensions uprating in a Parliamentary debate.
A shadow minister has claimed the FSA's Treating Customers Fairly (TCF) initiative has failed to adequately protect consumers.
The Treasury Select Committee (TSC) has said allowing the new regulator to publish early warning notices poses a risk to ‘natural justice' and urged the government to reconsider the issue.
You would think a Member of Parliament, faithfully supported by more than 19,000 constituents in Coventry South, would know his stuff about VAT.
The Association of Independent Financial Advisers (AIFA) has called on MPs to ensure the new regulator emphasises the innocence of firms if they are exonerated after the publication of warning notices.
MPs looking into the Arch Cru collapse have called for a "global meeting" of the parties involved after accepting there is now "no guarantee" of investors getting more than 70% of their assets back.
An MP has demanded the government creates a nationalised low-cost annuity provider to protect pensioners from poor retirement products.
The government has once again rejected a call to arrange an independent inquiry into the collapse of the Arch Cru funds.