The FCA has barred another credit broker suspected of offering investments as concern grows about a network of credit brokers misusing their permissions.

The Financial Services Compensation Scheme (FSCS) has blamed poor financial advice for driving up its soaring annual levy.

Wealth manager trade body PIMFA has criticised proposals from the Financial Conduct Authority for a new Consumer Duty.

The FCA is to consult on a sweeping new 'Consumer Duty' which will compel firms to do more to protect consumers from harm and bad financial decisions.