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Government announces audit of FSA effectiveness

The Government has announced that it is to carry out a wholesale audit of how effective the Financial Services Authority has been.

The Economic Secretary to the Treasury Ed Balls said the National Audit Office has been invited to carry out a review of the economy, efficiency and effectiveness with which the Financial Services

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Axa Partners hit with FCA limitations

Following the Which? super complaint, the Financial Conduct Authority has told Axa Partners UK it cannot grow its current customer base without written permission from the regulator.

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