The FCA is to implement a package of reforms after accepting the findings of the long-awaited Gloster Report that it failed to adequately protect the 11,625 investors who lost money due to the £236m collapse of mini-bond provider London Capital & Finance.

The FCA will introduce nine major reforms following publication of the damning Gloster Report into its handling of the £236m collapse of mini-bond provider London Capital & Finance (LCF).

The Bank of England’s Monetary Policy Committee (MPC) voted yesterday week to maintain its Bank Rate at 0.1%.

Investment research firm RSMR has built its own studio to launch regular podcasts through a new service called RSMR Connected.

Consumer confidence has jumped seven points in December with personal finance confidence rising significantly boosted by the vaccine roll-out, according to new market research.

Chancellor Rishi Sunak will present his next Budget to MPs on 3 March.

The FCA has publicly censured fund operator Blue Gate Capital Limited and ordered it to pay £203,007 in restitution to investors who lost money in the Connaught Income Fund, Series 1. 

The FCA is to end the Covid-19 flexibility it has allowed this year on implementing the new Senior Managers and Certification Regime (SMCR).

Fund manager and platform provider 7IM has launched a range of multi-asset funds which it says will offer advisers low-cost and highly diversified passive investments.

Most financial advisers who took part in a recent survey expect a steady shift towards Environmental, Social, and Corporate Governance (ESG) investing post the Coronavirus pandemic.