2nd August 2012
Compliancy Services eNewsletter
The FSA has proposed changes to the funding of the Financial Services Compensation Scheme.
Based on the significant payouts the scheme has committed to since the financial crisis, the FSA has proposed that the current funding model needs a revision.
FSA to improve consumer protection on insurance sales
The FSA has published new rules requiring banks and building societies, to check if customers can claim on insurance cover before selling them a packaged bank account.
Dramatic drop in advisers planning to exit industry post-RDR
There has been a significant fall in the number of advisers planning to quit the industry upon the implementation of the retail distribution review (RDR).
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