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The Financial Services Authority (FSA) has fined Patrick Francis O’Donnell of P3 Wealth Management Limited (P3) £60,000 for advising his clients to invest in Unregulated Collective Investment Schemes (UCIS) and other non-mainstream investments, when these products were clearly unsuitable.

The Financial Services Authority (FSA) today published proposed guidance for firms that sold payment protection insurance (PPI) and are beginning to contact customers who may have been mis-sold a policy but have yet to complain

The Financial Services Authority (FSA) today announced plans to prevent a return of the risky mortgage lending seen in boom times, by ensuring that common sense standards continue to apply in future


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