The Financial Conduct Authority (FCA) has written to all providers and distributors of contracts for difference (CFD) products to retail customers after discovering market failings which "may cause significant consumer harm".
The FCA said the majority (76%) of retail customers who bought CFD products on either an advisory or discretionary basis lost money during the period it looked at. It added many of the 19 firms it had...
Smoking biggest culprit; obesity second
Average earner will gain £840 in 2018
Will also move heritage items
Responding to letter from Treasury Committee chair Nicky Morgan