The Financial Conduct Authority (FCA) plans to introduce a "robust underwriting assessment" to be performed by lenders before issuing interest-only mortgages, letters published today have revealed.

The Financial Conduct Authority (FCA) chief executive has said he is happy with the outcome of the Retail Distribution Review (RDR) but is still worried about the way advisers charge fees, especially if they are based on a percentage of assets.

Financial Conduct Authority (FCA) chief executive Martin Wheatley has said he "can't commit" to lowering advisers' regulatory fees, despite a marked drop in practitioner numbers.

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The assets pension savers are allowed to invest in should be restricted and authorised, to avoid any further scandals like Harlequin, London & Colonial has warned.

Financial adviser numbers are continuing to decline and this must be reflected in lower regulatory fees for those who remain, the Association of Professional Financial Advisers (APFA) has said.

Building society Nationwide has poached a senior executive at the Financial Conduct Authority to run its compliance department.

The Financial Ombudsman Service (FOS) has made public details of around 1,250 final decisions as its new reporting service goes live.

The Financial Conduct Authority (FCA) has issued a final notice against an insurance intermediary and fined it almost £7.4m, after discovering that its sales scripts were flawed.

A former mortgage adviser was sentenced to two years in prison by Maidstone Crown Court on Friday.