the Financial Conduct Authority will establish a new panel to provide advice on cost/benefit analysis in response to calls from regulated firms.

AJ Bell founder Andy Bell is to step down from the investment platform’s board following discussions with the Financial Conduct Authority (FCA).

The FCA has banned troubled SIPP provider Hartley Pensions Limited from accepting new pension contributions.

The Financial Conduct Authority has appointed Direct Line Group CEO Penny James as chair of its Practitioner Panel.