Fines handed out by the Financial Conduct Authority (FCA) in 2016 have seen a dramatic fall this year compared to last, as fewer banks appeared on the regulator's hit list.
In the first half year of 2016, the FCA dished out a total of £20m worth of fines to 14 recipients, compared with £905m (40 fines) in the whole of 2015 and £1.4bn (40 fines) in the year before. The...
Asking for apology
SM&CR deadline 31 March 2021
Advisers to pay extra £8m towards scheme
Pressure mounts on FCA to tackle Google ad scams as sector says it's shown 'little appetite' to help
Monthly meetings not enough
Deal was announced in June this year
Pensions minister Guy Opperman sets out how impending Pension Schemes Bill will improve retirement savings in the UK
Value is in the eye of the beholder
Headed by Simon Monk