Two men behind an Essex firm which took £800,000 from investors who thought they were investing in an ethical 'water' bond have been banned as directors for 11 years.

The FCA has given its senior managers more powers to make regulatory decisions to ensure action to prevent consumer harm is taken quicker. 

The Financial Services Compensation Scheme has this week written to 1,000 London Capital & Finance (LCF) victims offering compensation from a government-funded scheme.

A survey by three leading professional bodies has revealed that over 1 in 3 finance professionals considered themselves to be vulnerable during the past 12 months.

Discretionary Fund Manager Seven Investment Management (7IM) has launched a cautious portfolio within its passive model portfolio service (MPS).

Rapidly expanding Financial Planning-focused advisory group Independent Wealth Partners (IWP) has acquired Southport-based Chartered Financial Planning firm Premier Wealth Management.

The Financial Conduct Authority has proposed that firms offer a default investment option to non-workplace pension clients.

Longstanding Financial Planner Marlene Outrim is to publish a new book on intergenerational wealth transfer.

Digital wealth manager Moneyfarm has launched a solution for UK advisers.

The economic secretary to the Treasury has said the FCA must transform into a “more nimble and innovative” regulator.