The Financial Conduct Authority (FCA)'s consumer panel has today warned that confusion over the purpose of the key information document (KID) could lead to its early demise.
A Chartered financial planner who has spent more than two decades advising clients has quit the industry as he believes many parts of it are still geared towards selling products.
The Financial Conduct Authority (FCA) has agreed a settlement of proceedings in the High Court which will enable it to return approximately £380,000 to investors in a land bank.
The Financial Conduct Authority (FCA) has pledged to scrutinise "the whole value chain" - including authorised advisers and pension companies - as part of efforts to stamp out pension liberation fraud.
The emergence of a profits-before-ethics culture in financial services skewed employees' view of the industry's purpose and prevented them from challenging immoral behaviour, the Financial Conduct Authority's enforcement boss has said.
The Financial Services Consumer Panel (FSCP) is backing calls for tougher regulation of bankers.
The Financial Conduct Authority (FCA) has issued its largest ever fine on a retail sole trader - nearly £1m - for sale and rent back failings.
The Financial Conduct Authority (FCA) has asked Hargreaves Lansdown to disclose details of its negotiations with fund groups over clean share class pricing.