FCA

'It's our view that these plans would only be a sticking plaster solution to a much deeper, systemic problem'

Watchdog opened 205 retail investments whistleblowing cases last year

Pertains to ongoing service charges and asset allocation failure

Focused on retail investor access to corporate bonds

Wholesale exemption would ‘adversely affect the Duty’s objectives’

Some changes appear to be ‘lacking in any substance,’ commentators say

Bank accused of missing basic due diligence checks as £34m was deposited into WealthTek client account

Includes redress changes and wholesale Consumer Duty review

To help consumers make better financial decisions

Regulator asked to report on how well rules are working