The FCA has banned former Quilter appointed rep David Nicholas King indefinitely after he was convicted of a number of theft offences.

The Financial Conduct Authority has secured £25m more compensation for 4,500 investors in the failed Park First scheme which saw investments sold to a number of SIPP investors.

The FCA has dropped it second advice suitability review due to probe retirement advice after reviewing its post-pandemic workload, the regulator confirmed today.

FCA CEO Nikhil Rathi will have given recent critics of the regulator much of what they have demanded in his high profile Business Plan launched this week to much coverage.