The Financial Conduct Authority has censured collapsed £237m mini-bond provider London Capital & Finance (LCF) for unfair and misleading financial promotions.

Quilter Financial Planning has been praised for its handling of Lighthouse’s involvement in the British Steel Pension Scheme scandal by the FCA.

The FCA is planning a raft of measures to improve support for whistleblowers to give them more confidence in coming forward.

The Financial Conduct Authority has appointed Therese Chambers and Steve Smart as joint executive directors of enforcement and market oversight in a move to strengthen its enforcement team.