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.

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

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. 

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

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.

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

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

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 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 Financial Conduct Authority has fined hedge fund chief investment officer Corrado Abbattista £100,000 for market abuse and banned him indefinitely from performing any regulated activity functions.