The Financial Conduct Authority (FCA) fined just 18 senior managers in 2013, raising concern that the misconduct and bad practice that has led to financial scandals...
The Labour party has given its backing to calls from the consumer group Which? for a full investigation into competition in the current account market. Earlier...
Almost three-quarters of financial advice firms are not being clear with consumers about how much advice costs, the latest Financial Conduct Authority (FCA) review into disclosure...
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), has said it will take years for culture changes to filter through financial services firms. His...
The Financial Conduct Authority (FCA) is reportedly planning an inquiry into 30 million policies sold by insurance firms. The review is set to include pensions, endowments,...
The Financial Conduct Authority (FCA) has handed out one of its biggest ever retail banking fines to Santander, over its failure to give accurate and quality...
Lloyds Banking Group has become embroiled in a ‘scandal within a scandal’, after being accused of using a legal loophole to shortchange people owed compensation after...
Changes to the pensions industry, announced by George Osborne in last week’s budget, must be backed up by robust measures, which include independent and impartial support...
The Financial Conduct Authority (FCA) has confirmed it has approved Aberdeen Asset Management’s deal to acquire Scottish Widows Investment Partnership (SWIP) from Lloyds Banking Group. Aberdeen...
A company that claimed to be selling biofuel technologies while promising an 800% return on investment has been shut down by the High Court. After an...
The Financial Conduct Authority (FCA) is to launch an investigation into the short-term high-cost loan industry, as new research suggests Britain’s high streets have one payday...
Around one in ten financial services firms has incentive schemes that have higher risk features, a report from the Financial Conduct Authority (FCA) has found. The...
Despite the peer-to-peer lending market growing, the majority of investors are still cautious about putting their money into the sector, a survey has found. Some 84%...
Canary Wharf is a surreal place. Part theme park, part Alcatraz, it sits on top of a subterranean network of luxury shops: conspicuous consumption underpinning the...
The pensions industry is “not working” for consumers and is “disorderly” in its operations, according to a report by the Financial Conduct Authority (FCA). After conducting...