The Financial Conduct Authority has today fined Citigroup Global Markets Limited £12.5m for failing to properly implement the Market Abuse Regulation (MAR) requirements.

IHT receipts in the latest quarter (April to July) jumped to £2.4bn, up £300m year on year, as the rapid upward trend in IHT continued. 

The Financial Conduct Authority has urged victims of £2.5m boiler room investment fraudster Richard Faithfull to come forward by 12 September to ensure they are part of any claim for compensation.

A major new consumer survey has revealed that many young people fear the state pension will fail to look after them in retirement.

The Financial Conduct Authority (FCA) has said it is now a “very different regulator” than it was in 2018, as it defended itself against complaints over its handling of the collapse of payment services provider Premier FX.

Over one in ten (11%) of UK adults over the age of 60 are underestimating the cost of later life care, according to a new report.

SIPP industry veteran John Moret has called on the Treasury to review and rewrite SIPP regulation, saying the current framework is ‘a mess and not fit for purpose’.

Four in ten (39%) of UK adults have helped family or friends financially in the past six months as many struggling to meet the rising costs of living.

IFA firm Ascot Lloyd has hired Chartered Financial Planner Duncan Gregory to head its new adviser academy.

New emergency asset retention rules from the Financial Conduct Authority (FCA) have been applied to 101 firms who provided pension transfer advice for former British Steel Pension Scheme (BSPS) members.