Latest data from ONS out today reveals that UK real gross domestic product (GDP) is estimated to have shown no growth in Q3 (July to Sept) 2024.

The FCA and police have arrested two individuals after a joint swoop on a suspected unauthorised debt and claims management company.

The FCA has refused to waive a £250 late submission fee despite being recommended to do so by The Complaints Commissioner which upheld a complaint against the regulator. 

Former Pensions Minister Baroness Ros Altmann has called for help for the WASPI pension campaigners despite Prime Minister Sir Keir Starmer this week ruling out additional compensation.

The cost and complexity of new financial regulations, such as the Consumer Duty, are pushing financial advisers to increase minimum client portfolio size to maintain profitability.

The FCA is to compensate investors who may have lost money due to failings in the FCA register which allowed a fraudulent firm to trade.

The Financial Conduct Authority has today published plans for a new UK-focused consumer investment regime to simplify the information given to investors and scrap EU-based rules.

Platform and DFM provider Parmenion has added an Open Banking facility which will allow advised clients to top up their investments direct from their bank accounts.

Integrafin, parent company of adviser platform Transact, has reported a 17% rise in funds direction (FUD) in 2024 to £64.1bn (FY23:£55bn) in its annual results today.

The FSCS has today published details of the 13 regulated firms declared in default in the last two months and revealed details of the top 5 firms - in terms of compensation paid out - so far this year.