A husband and wife who ran a Financial Planning business before being banned by the FCA have lost a bid to unveil documents related to the case against them.

A new regime to make senior bosses more accountable for their conduct and competence will be extended to almost all finance sector firms under FCA plans outlined this morning.

A firm told to cease all regulated activity by the FCA after it breached an agreement to stop advising on pension transfers and another, named Financial Planning & Investment Limited, have both been declared in default.

Nearly 100 companies have been examined by the FCA as part of its DB transfer advice investigations.

The FCA is to shine a spotlight on how platforms are influenced by their commercial relationships.

The FCA will investigate if consumers are being harmed by a mismatch between the interests of the adviser and client when advisers select a platform.

The Chartered Insurance Institute is preparing the launch of a new pension transfers qualification following FCA plans to tighten the advice requirements for the transfer of safeguarded benefits.

Nearly 3,600 consumers have been compensated for wrongly being advised to switch savings into ‘risky’ assets within SIPPs – at a cost of £105m.

The ABI has disputed the FCA’s finding that accessing pension savings early has become 'the new norm'.

The Financial Conduct Authority has identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.