The FCA has published details of temporary measures which will give investment companies a chance to improve cost disclosure.

The Association of Investment Companies (AIC) - the trade body for the investment company sector - has renamed three of its sectors following a review.

Purchases of investment companies on adviser platforms grew 1% in 2022, compared to a 7% drop in purchases of all products, according to new data.

The Financial Conduct Authority has this year restricted twice as many firms in the investment market as it did last year, it has reported.