The takeover of wealth manager Charles Stanley by US-owned rival Raymond James has been pushed back a month due to delays in securing FCA approval.

The FCA has today approved the £280m takeover of wealth manager Charles Stanley by rival wealth firm Raymond James.

The FCA has barred another credit broker suspected of offering investments as concern grows about a network of credit brokers misusing their permissions.

The Financial Services Compensation Scheme (FSCS) has blamed poor financial advice for driving up its soaring annual levy.

Wealth manager trade body PIMFA has criticised proposals from the Financial Conduct Authority for a new Consumer Duty.

The FCA is to consult on a sweeping new 'Consumer Duty' which will compel firms to do more to protect consumers from harm and bad financial decisions. 

One of the FCA’s most senior executives, director of transformation Megan Butler, is to step down after only one year in a new role.

The FCA is consulting on plans to significantly strengthen regulation of appointed representatives (ARs) after analysis showed firms employing appointed reps suffered four times as many complaints as firms not using appointed reps. 

Financial Conduct Authority staff are making another trip to Wales to meet steelworkers who could be due compensation due to unsuitable DB transfer advice.

The FCA has confirmed that it will begin regulating pre-paid funeral plans from 29 July.