News - FSA Regulation Updates

FSA strengthens enforcement with new appointment

07 September 2010 at 15:20

The Financial Services Authority (FSA) has announced that Margaret Cole has been appointed to the position of managing director of enforcement and financial crime at the regulator.  Read more

Banks to present 'living wills' to FSA

06 September 2010 at 15:44

The UK's banks will present 'living wills' to the Financial Services Authority (FSA) next month ahead of the G20 Summit, to explain how they could be wound down in the event of failure.  Read more

Financial firms to receive new supervision

03 September 2010 at 16:00

The European Union (EU) has reached agreed reforms to the way in which financial services firms are supervised, it has been revealed.  Read more

Removing pension annuity requirement 'would enable innovation'

02 September 2010 at 15:47

If the government removes the requirement to annuitise by the age of 75 it will allow for further innovation in the pension industry, one sector source has claimed.  Read more

Pension tax relief changes 'present risks'

01 September 2010 at 15:14

The changes to pension tax relief have been welcomed by one sector organisation but it has warned that current proposals risk unfairly penalising those who are promoted or made redundant.  Read more

ABI submits pension relief consultation response

27 August 2010 at 16:11

The Association of British Insurers (ABI) has submitted its response to the Treasury consultation on changes to tax relief for pension contributions.  Read more

FSA outlines review of trading activity regulation

26 August 2010 at 15:31

The Financial Services Authority (FSA) has published a new discussion paper which addresses some of the changes to the regulation of trading activities.  Read more

PPF outlines long-term funding strategy

25 August 2010 at 15:37

The Pension Protection Fund (PPF) has outlined its long-term funding and risk reduction strategy, which includes its aims to be financially self-sufficient by 2030.  Read more

DWP changes 'may lead to unintended consequence'

24 August 2010 at 14:57

The current age 75 consultations being carried out by the Department for Work and Pensions (DWP) could result in another "unintended consequence" in which many investors are left high and dry, one expert has suggested.  Read more

IMA completes review of Absolute Return sector

23 August 2010 at 15:58

The Investment Management Association (IMA) has completed its second anniversary review of the Absolute Return sector and concluded that no changes are currently necessary.  Read more