Investors are set to get back almost £2.65 million after a court ruling today over a fraudulent collective scheme.
A pension transfers ‘roadmap’ is to be produced to help people navigate through the process.
The founder of a fintech firm says the FCA must radically overhaul how fund information is presented.
The FCA has fined a former head of JP Morgan’s CIO International £792,900 for “failing to be open and co-operative”.
Complaints against the FCA spiked towards the end of 2015, bringing the total over 12 months to nearly 500.
The FCA has criticised some firms for failing to assess if Contract For Difference products are suitable for clients.
A director whose misconduct contributed to the failure of several insurance schemes and led to FSCS compensation pay outs of £12.7m has been fined £1m and agreed to pay £13m to insurers.
An influential group of MPs should get a veto on firing and hiring new senior FCA and PRA bosses, the chairman of the Treasury Committee says.
A Certified Financial Planner is to step down from her position as a non-executive FCA board member, it has been revealed this morning.
The total levy to fund the FSCS will rise in 2016/17 to £363m.
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