FCA chief executive Andrew Bailey’s pay and perks have surged to £589,000, the regulator’s annual report has revealed.

The FCA’s chief executive Andrew Bailey has expressed his concern over packaged investments and regulation.

Aviva has apologised and launched an investigation after advisers were falsely told the value of the clients’ portfolios had plummeted.

Dynamic Planner has unveiled its new risk profiling process aimed at helping Financial Planners address Mifid II requirements on suitability.