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Intermediaries face increased regulatory costs

Intermediaries are facing increased regulatory costs as the Financial Services Authority (FSA) kicks off its enhanced strategy for smaller firms.

A rolling programme of assessments will cover 11,300 retail intermediaries in the next three years, the first of which will take place in Northern Ireland in March.

The new measures were first

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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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