Regulation

Consumers who have suffered financial harm will be compensated quicker through the Financial Conduct Authority's (FCA's) enforcement process.

The Financial Conduct Authority (FCA) will likely "go further" than the Financial Services Authority (FSA) in challenging providers on their products' target markets and charges.

An incoming regulatory body responsible for insurance companies will allow firms to collapse under a new approach.

The disclosure of warning notices is a key part of the government's vision for the Financial Conduct Authority (FCA) but the power will be scrapped if used inappropriately, the House of Lords heard.

The head of the incoming Financial Conduct Authority (FCA) is set to outline how the new regulator will seek to restrict potentially harmful products from coming to market.

The incoming Prudential Regulation Authority (PRA) may impose restrictions on what staff at banks and investment firms can earn if the levels of remuneration pose a threat to the business's health.

FIVE THINGS

All new business on Standard Life's wrap and FundZone platforms will be done on an advising charging basis from today.

The 'elitist' Retail Distribution Review (RDR) should be delayed to avoid the destruction of the financial advice industry, Lord Flight has said.

Honister Capital's administrator Grant Thornton has released details of a shortfall in assets available to the collapsed company's creditors.