The FCA has launched a package of measures to improve the 'trust and transparency' of sustainable investment products and tackle 'greenwashing.'

The FCA has banned Nigel Lewis and Susan Jones of West Wales Financial Services Limited (in liquidation) (FRN: 756482) from advising customers on pension transfers and pension opt outs after accusing them of performing "a double act of carelessness and incompetence" in relation to BSPS advice.

The FCA is to consult in the Spring on introducing a new ‘value for money’ requirement for defined contribution pension schemes.

The Financial Conduct Authority has released plans to split its fee-blocks for principal firms.