The Financial Conduct Authority (FCA) has admitted a break down in discussions led to it failing to achieve a redress deal for investors in collapsed firm Connaught, causing further delays and "serious distress" to investors.

Outgoing Financial Conduct Authority (FCA) chief executive Martin Wheatley has said he is "disappointed" to be leaving the regulator and will leave behind a "sense of unfinished business".

Complaints about annuities are continuing to rise more than a year after the Chancellor announced a reform of the retirement income market, according to the latest figures from the Financial Ombudsman Service (FOS).

HMRC has secured an extra £2.7bn for the government's coffers by clamping down on tax avoidance and evasion in the last year, its annual accounts have shown.

Advisers and other financial services stakeholders have questioned the relationship between the Treasury and the Financial Conduct Authority (FCA) following chief executive Martin Wheatley's somewhat surprising exit from the watchdog.

The chief executive of the Financial Conduct Authority (FCA) Martin Wheatley is to step down in September, the regulator announced today, because the Treasury wanted a change of leadership.

Advisers should tailor their ongoing services to their clients and don't need to see all of them annually to satisfy an unwritten rule about treating active customers fairly, Prudential head of business consultancy Paul Harrison has said.

Pension savers withdrew £1.8bn from pots in the first two months following the opening up of the retirement income space, data from the Association of British Insurers (ABI) has revealed.

Sandringham Financial Partners has appointed former IFG Financial Services CEO Tim Sargisson as chief executive.

Average monthly savings have increased by 50% over the past ten years, research suggests - so is Britain finally moving towards a more savings-based society?