The Financial Conduct Authority (FCA) is preparing to restart its disciplinary action against Keydata founder Stewart Ford after his attempt to appeal a previous High Court ruling was quashed.
Sustainable and well regulated growth in financial services could generate an additional 265,000 jobs and boost GDP by between 2% and 3% by 2020, a report from PwC has found.
The Financial Services Compensation Scheme (FSCS) is to compensate savers affected by the collapse of Birmingham-based credit union CommuniSave.
The Financial Conduct Authority (FCA) has banned and fined former insurance broker Paul Cable £140,000 for misleading a client into thinking they had taken out an insurance policy when they hadn't.
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.
Advisers "substantially underestimate" the threat from direct to consumer (D2C) businesses and are "overoptimistic" about future revenues post-Retail Distribution Review (RDR), according to a wide ranging study by Cass Business School and BNY Mellon....