The FCA says it will be more “flexible” on firm’s capital adequacy requirements during the Coronavirus outbreak.

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The FCA and other regulatory bodies are to allow listed companies an additional two months to file their accounts due to the Coronavirus outbreak.

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The FCA has reduced a £93,800 fine imposed on pension adviser Lloyd Pope, a former director of now dissolved firm TailorMade Independent Ltd, by approximately £70,000.

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National pensions and financial advice firm LEBC has urged the Treasury to relax the deadline for savers to make ISA and pension contributions by two weeks.

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The City-based adviser platform Transact says all its staff have moved to home working and it has asked users for patience as it deals with a high volume of calls.

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The Consumer Prices Index (CPI) 12-month rate fell from 1.8% in January to 1.7% in February.

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To help readers keep up to date with the latest Coronavirus news in one place we’ve added a new Coronavirus section on Financial Planning Today website.

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Former Pensions Minister Steve Webb has urged the Treasury to scrap or relax rules which will limit people’s ability to ‘rebuild’ their pensions when the Coronavirus crisis ends.

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The FCA has ruled out - at least for the time being - a complete ban on short selling as it works closely with international regulators to ensure that financial markets remain “open and orderly.”

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The Chartered Insurance Institute and the Chartered Institute for Securities & Investment have cancelled exams in the wake of the Coronavirus pandemic.

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