The Financial Conduct Authority has called on the investment sector and wealth managers to improve the way they disclose costs and charges to clients following a review of the sector which found shortcomings.

FCA chief executive Andrew Bailey says the MiFID II changes are saving investors £180m a year and could save them up to £1bn over 5 years.

 FCA chief executive Andrew Bailey has delivered a keynote speech on the ‘wealth of diversity’ - urging more organisations to follow the FCA’s lead in increasing representation of women and minorities.

A number of financial firms, as well as the FCA, have been rated as some of the top workplaces in the UK for being lesbian, gay, bisexual and trans (LGBT) friendly places to work.