FCA reveals 4,000 firms at risk of failure due to Covid-19
Mainly small and medium-sized outfits

Some 4,000 regulated firms are at risk of failure due to the ongoing coronavirus pandemic and a third of those have the potential to cause harm if they go under, according to the financial regulator.
The statistics come from the Financial Conduct Authority's (FCA) coronavirus (Covid-19) financial resilience survey results published today. The surveys were sent to 23,000 solo-regulated firms to inform...
More on Regulation
FCA asks struggling firms: 'How long do you expect to remain in business?'
Third Covid-19 resilience survey sent to advisers
Quilter launches clone scam reporting tool
Rise in clone scams
Keith Churchouse: Here's to 'adding value for all' in 2021
Red-lettered warning
Market access: All eyes turn to equivalence question as Brexit deal is completed
Managers plea for clarity over passporting rights
Watch: Interview with PIMFA's Simon Harrington on regulatory fees and lobbying for change
Fundamental changes needed
More news
M&G extends property suspension as it waives fees on excess cash
Cash level raised to 21%
Adviser receives online abuse and death threats after launching anti-crypto petition
Fake reviews also posted
Openwork shakes up executive team
Creation of chief commercial officer role
Value investing is dead: Peter Hargreaves' stark prediction for 2021
'Old economy' will not return to previous highs
Pension transfer values end volatile year 8% up; scam 'red flags' at record high
‘Substantial volatility’