Investment trusts can choose to opt out of the requirements of PRIIPs Regulation and associated technical standards until new legislation comes into force, the FCA said in a statement today.

The Pensions Regulator (TPR) has called on pension professionals to consider a more diverse range of investments.

A third of the workforce (33%) at the Financial Conduct Authority were from an ethnic minority in 2023-24, according to new employment data from the regulator.

The FCA has given firms four more months time to comply with its new Sustainability Disclosure Requirements' regime and new investment label rules.

The FCA says standards of regulatory practice among appointed representatives (ARs) are improving but there is “more to do.”

Nearly three in 10 Financial Planners (28%) surveyed in an exclusive poll for Financial Planning Today say they have cut the number of clients they serve as a result of the Consumer Duty.

Accountancy firm PwC has today been fined £15m for failing to alert the FCA to suspected fraudulent activity at £237m failed mini-bond firm London Capital & Finance plc.

National accountancy firm MHA MacIntyre Hudson, which has a wealth management arm, has been censured by the FCA for failing to notify the FCA of rule breaches by firms it had audited.

The FCA has removed the regulatory permissions of high-risk investment firm Equitrade Markets Ltd (FRN 441877) due to concerns over failures to satisfy the suitability threshold condition.

The FCA has banned insurance adviser Martin Sarl from working in financial services and fined him £5,021 for acting without honesty and integrity.