July 2024: Month in review with senior reporter Isabel Baxter

Policy watch… This month saw Islington-based advice firm Donre Advisory enter liquidation after the Financial Conduct Authority (FCA) imposed regulations on it. Donre Advisory was not the only firm caught out by the regulator in July. London Court entered creditors' voluntary liquidation on 23 July following the imposition of regulatory restrictions around a year ago. Meanwhile, the FCA's British Steel pension scheme redress scheme paid out far less than expected. The regulator said that money paid out under its redress scheme was £8.7m, much lower than its £50m estimate. What el...