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FSA brings forward interim paper on RDR

The Financial Services Authority (FSA) has announced a change to the timetable for publishing feedback on the Retail Distribution Review (RDR) Discussion Paper.

The regulator said an interim paper would be delivered ahead of schedule in April 2008, with full implementation plans in October.

The RDR was set up to address the root causes of persistent problems

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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