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FSA plans labelled "disgrace" by broker body

In its response to the HM Treasury discussion paper, Banking Reform Protecting Depositors, the Instuitute of Insurance Brokers has called for a complete review of the Financial Services Compensation Scheme.

The IIB said: "Not many months ago, would any right-minded person have believed it possible (even in their wildest dreams) that an insurance broker could be levied to help pay for depositor or

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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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