Financial advisers who gave bad advice to BSPS victims have been ordered to pay just £8.87m in fines and redress to BSPS victims - far less than the £50m expected, an FCA report out today reveals.

The Chartered Insurance Institute (CII) is planning to boost its advice and support to members working with victims of economic abuse.

The Financial Services Compensation Scheme has issued a rare public warning about scammers targeting victims of mini-bond provider London Capital & Finance (LCF).