Prime Minister Sir Keir Starmer has announced that the Payment Systems Regulator (PSR) - a sister organisation of the FCA and based in the same London offices - will be abolished as part of an efficiency drive.

The FCA has said it will not pay compensation to those who have lost money due to the failure of funeral plan provider Safe Hands in 2022.

Troubled Financial Planning group Kingswood, which has expanded rapidly in the past five years, may be sold 100% to a private equity firm as it wrestles with a £91m debt mountain.

The number of people choosing to invest climbed 5% in the last year as confidence in investing soared by 25%.

There’s overwhelming opposition to the proposed introduction of IHT on unused pensions, according to a new survey conducted by SSAS provider WBR Group.

The aggregate surplus of DB pension schemes fell to £232.7bn at the end of February, according to the latest Pension Protection Fund (PPF) 7800 Index.

Ambitious trust company Ludlow Trust has bought HSBC Bank's trust business for an undisclosed amount.

Retirement specialist Aegon has launched a new initiative for workplace pension members to allow them to give loved ones access to the scheme price benefits when they take out an ISA. 

The IHT changes announced in the Autumn Budget have triggered a shift in the advice that IFAs are providing to their clients, according to a new study.

The FCA and ICO will investigate whether the Consumer Duty and other factors are potentially slowing down the development of AI in the regulated sector.