Scores of responses have been sent to the Financial Conduct Authority regarding proposals to prevent misleading financial promotions through social media services such as Twitter.

Plans to crack down on misleading financial promotions through social media services such as Twitter will move further forward tomorrow.

Three in five (58%) UK advisers are actively using social media but just a quarter (25%) have policies for how employees should use it, according to a new survey.

The FCA has set about stamping down on misleading financial promotions through websites such as Twitter.