The Financial Ombudsman Service has hit back over a Channel 4 documentary aired last night, saying it provided an “unfair impression” of the organisation.

The FCA has launched a national debate on improving behaviour in financial services by “transforming culture.”

Former Pensions Minister Baroness Ros Altmann has told Financial Planning Today she is “absolutely shocked” about claims of failings at the Financial Ombudsman Service.

A fraudster sent to jail after he used clients’ millions to fund a lavish lifestyle today pleaded guilty to perverting the course of justice.

The Treasury has today launched an independent review of the prudential supervision of the Co-operative Bank between 2008 and 2013.

The FCA has banned and fined a former Deutsche Bank short-term interest rate derivatives trader.

The FCA has told managers of 64 funds to make it “clearer” to consumers how constrained they are, it has been revealed.

The FSCS is investigating the impact for clients of Beaufort Securities Limited (BSL) and Beaufort Asset Clearing Services Limited (BACSL) after the FCA imposed sweeping restrictions on Friday.

A client who suffered a devastating car accident shows how DB transfers can change lives for the better, a Chartered Financial Planner says.

Cashflow modelling is the “only authentic way” to assess a client’s risk.