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CEA is pleased at the progress the recent compromise text on EMIR has made in addressing concerns of insurers and pension schemes, but is concerned the transitional provisions still do not properly cater for their needs
FSA has publicly censured The Garrison Finance Centre Limited for failing to explain the risks of geared traded endowment policies or show why recommendations and products were suitable for their customers
The Complaints Commissioner has rejected complaints from two firms that ceased business and objected to FSA claiming fees for the full year during which the business ceased
