The Prudential Regulation Authority (PRA) has imposed a fine of £10,625,000 on UK Insurance Limited due to its miscalculation of the firm's Solvency II balance sheet during 2023 and 2023.

A Bucks financial adviser has had its Part 4A permissions to carry out regulated business revoked this week by the FCA. 

British engineering firm John Wood Group Plc has been fined £12,993,700 for publishing inaccurate information in its financial results.

The FCA has cancelled the Part 4A regulatory permissions of Brian W Harrison Ltd (FRN 304682), a financial adviser firm based in Hampshire.

Some smaller regulated firms have found limitations in the range of data they can access when it comes to monitoring and tracking outcomes under the Consumer Duty, according to a new report from the FCA.

FCA CEO Nikhil Rathi has signalled a move away from a strict rules-based approach on regulation to an outcomes-based approach based around the Consumer Duty and supervisory tools.

The FCA has imposed restrictions on Scottish IFA firm Advantage Wealth Management Ltd following a supervisory notice issued in December.

Clone scammers have targeted Fidelity’s investment administration arm by setting up a fake website to try to con investors.

Enforcement action taken against finfluencers by the FCA rose 174% in 2025 to 74 actions.

The Financial Conduct Authority has called on insurers and advisers for views on how to help close the protection gap.