Consumers just do not trust financial services firms, that’s the long and the short of it.

The FCA has today launched plans for a new ‘Consumer Duty’ for regulated firms which will set a "higher level" of protection for consumers buying retail finance products and services.

The FCA is to consult on introducing a new type of open-ended fund which invests in long-term illiquid assets.

The Financial Conduct Authority (FCA) has proposed new rules to require defined contribution pension providers to offer to book Pension Wise appointments for members before they access their pension savings.