Santander has set aside £43m to cover claims relating to the sale of wealth and investment products after the bank was fined by the regulator for advice failings.
The effectiveness of the Financial Conduct Authority's (FCA) consumer protection agenda has been called into question after it was suggested firms were looking for ways around the rules.
'Flexible' pension payouts of £2.7bn likely well short of actual figure
A Money Advice Service-backed strategy to boost the financial capability of the nation has launched today, following research which suggested a bleak picture of the nation's financial understanding.
The Treasury is to delay its decision on whether or not to change the way pensions are taxed until at least next year's Budget, George Osborne said in the House of Commons.
Adviser trade body founder Garry Heath has called on the Financial Advice Market Review (FAMR) to consider creating an adviser-focused regulator to replace the Financial Conduct Authority (FCA).
Which? suggested it should be mandatory for firms to list their advice charges on their websites
Weeks after Times' 'scandal' headline, debate about displaying charges on websites continues...
FCA's acting CEO addresses Mansion House City Banquet