The Financial Conduct Authority has rejected an application for authorisation from a Claims Management Company which has been in business since 2006.

Increasing regulatory costs is the biggest hurdle facing Financial Planners in the next 24 months, according to our annual survey.

The Financial Conduct Authority (FCA) has ordered that Cambridgeshire SIPP provider DAC Pensions Limited be placed into insolvency after the firm accepted business from unauthorised introducers without the proper vetting required by the FCA.

The FCA has obtained a bankruptcy order against an unauthorised WhatsApp-based investment adviser after he failed to pay £530,000 in compensation to his victims.