Financial advisers will be required to record telephone calls in future, FCA plans released this morning showed, in a bid to quickly resolve Ombudsman complaints.

The £50,000 limit on FSCS protection for ‘negligent advice’ should be re-examined, the head of the FSCS says.

An FCA probe into its crackdown on senior managers’ accountability has found some firms appear to be sharing responsibility among more junior staff and “obscuring who is genuinely responsible”.

A new level 4 Financial Planning & Advice exam launched by the CISI has won the FCA’s approval.

Charities could help tackle financial illiteracy by advising difficult to reach people on their money troubles, a think tank has proposed.

Nine new robo-advisers are being developed with guidance from the FCA, it emerged this morning.

The Treasury has proposed amending the definition of financial advice to bring it in line with wording used in rules derived from the European Union.

An FCA specialist has labelled some compliance officers ‘not very good’ and says they have “too much of a tick-box, back-covering approach”.

A High Court has handed a 15 year ban to a director who operated investment scams that lost consumers at least £13.3 million.

Pensions are “top of the list” of issues that the FCA faces for their importance to society, the regulator’s new chief executive says.