TITLE

'Check the providers' role in Lehman sales'

AUTHOR(S)
Stodell, Hannah
PUB. DATE
September 2009
SOURCE
Money Marketing;9/17/2009, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the call by Aifa for the Financial Services Authority (FSA) to recognize the assurances granted to independent financial adviser (IFA) who lost their money after the bankruptcy of Lehman Brothers in Great Britain. It indicates that the FSA has reviewed the Lehman-backed structured product and revealed serious individual complaints on the products. Aifa director Robert Sinclair hopes that the FSA will ensure fairness and promote consumer protection.
ACCESSION #
44677958

 

Related Articles

  • 'If you can't have gold standard you should have no standard?'.  // Marketing Week (Online Edition);4/14/2011, p10 

    The article presents the comments of Lord Deben, chairman of the Association of Independent Financial Advisers (Aifa), on the standards of investment advice. He reflects that independent advice will continue to be the gold standard but many people will not want to pay the sums required for...

  • ECONOMY: Sinclair urges FSA to heed industry's MMR concerns.  // Fund Strategy;10/25/2010, p8 

    The article reports on Association of Mortgage Intermediaries director Robert Sinclair, who urged the Financial Services Authority (FSA) to listen to feedback on Mortgage Market Review (MMR) or risk protracted disagreements later on. Sinclair made his statement due to the unrest on retail...

  • Aifa to fight £50m increase to FSCS claims limit. Holt, Natalie // Fundweb;7/26/2012, p23 

    The article focuses on the plan of Association of Independent Financial Advisers (Aifa) to lobby against the proposed increase in the claims limit on Financial Services Compensation Scheme (FSCS). It states that Financial Services Authority (FSA) of Great Britain proposed increase from 100...

  • Advisers sign up for Aifa's alternative.  // Money Marketing;9/17/2010, p8 

    The article reports on Great Britain's Association of Independent Financial Advisers (Aifa) diploma program in investment planning. It states the program approved by Great Britain Financial Services Authority (FSA) approved by the FSA. It states the program is designed to enable advisers to...

  • Aifa calls for trail to continue until products are terminated. Macdonald, Sam // Money Marketing (Online Edition);1/12/2012, p19 

    The article reports on Association of Independent Financial Advisers (Aifa), which has urged its members to support its stance on trail commission. Aifa's stance is that trail commission should continue to be paid until a product matures or is terminated. It states Aifa's stance contradicts...

  • The strength of anger. Cicutti, Nic // Money Marketing;2/10/2011, p40 

    In this article, the author discusses the comments made by Stephen Gay, director general of the Association of Independent Financial Advisers (Aifa) , on some issues affecting the financial services industry in Great Britain. He explores Gay's opinion that the Financial Services Authority (FSA)...

  • Aifa warns FSA over Arch cru PI threat. Holt, Natalie // Money Marketing (Online Edition);5/11/2012, p29 

    the article informs that the Association of Independent Financial Advisers (AIFA) has warned the Great Britain's Financial Service Authority (FSA) for launching Arch cru consumer redress scheme without knowing the consequences. It is mentioned that if the scheme got implemented. then Independent...

  • 'FSA legacy ban wording will hit advice'. Holt, Natalie // Money Marketing;1/19/2012, p5 

    The article reports on a warning by Aegon NV that the current wording of the British Financial Services Authority's (FSA) ban on legacy commission will penalise financial advisers focused on providing ongoing advice and undermine the aims of the retail distribution review (RDR). Association of...

  • Aifa fears over data collection demands. Thomas, Paul // Money Marketing;7/28/2011, p7 

    The article reports on the main concern of the Association of Independent Financial Advisers (Aifa) about the cost and time implications of the data collection proposals by the Financial Services Authority (FSA) for financial advisers and informs they may breach human rights conventions.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics