UK Money News
11th January 2008
FSA fairness guidance 'cautiously welcomed'
New guidance from the Financial Services Authority (FSA) on treating customers fairly has been partially welcomed by the Investment Management Association (IMA).
Those seeking help with money through relying in the skills of investment professionals may be interested to read the organisation's comments, which suggest that FSA guidelines should be received with caution.
Julie Patterson, director of authorised funds and tax at the association, remarks: "It is important for the guidance to reflect the reality for fund managers who, when sales are made through intermediaries, do not have direct control over the sale and will not in many cases know the identity and circumstances of end customers."
She added that the AMI has worked in coordination with the FSA while the guidelines were being established, meaning that they now represent a "significant step forward" in fostering understanding between the regulator and its industry.
Recently, the IMA stated that a new deposit insurance system was vital to restore public confidence in the help with money afforded to consumers by fund management.
back to January's Money News
This article and more Latest Money News can be found on MoneyCrocodile.co.uk
Personal Loans from UKPersonalLoans.com
Personal Secured Loans for Homeowners and Personal Tenant Loans for Non-Homeowners. You can apply online for an Any Purpose Loan or Personal Debt Consolidation Loans or use one of our Loan Calculators.
Debt Advice from ReduceDebt.com
Debt problems? Refused a loan? Got CCJ's or Arrears? Get the best advice and help by enquiring online. Our Debt Professionals will help you whatever debt problems you have. Some of the options available to you are Debt Management, Debt Consolidation, Debt Couselling and IVAs,
UK Personal Finance from MoneyCrocodile.co.uk
UK Online Personal Finance site covering: Loans, Mortgages, Credit Cards, Insurance, Debt Advice, Bankings and Savings, Finance Tools and Money Jargon. We also cover Any Purpose Loans, Secured Loans, Personal Loans, Tenant Loans, Car Loans and Debt Consolidation Loans. If you are looking for Personal Finance let Money Crocodile put a smile on your face.
Car Loans from GBCarLoans.com
Don't just accept the dealers finance - get a quote from us before you buy!. UK Car Loans for New Cars or Used Cars: Supermini, Small, Hatchback, Saloon, Estate, MPV, 4x4, Sports, Luxury, Executive, Cabriolet or Classic Car.
Tenant Loans from TenantLoan.com
If you're looking for a low cost tenant loan, then look no further. We aim to find you a highly competitive interest rate and you can borrow anything from £5,000 and £250,000 with up to 25 years to pay.
