The Financial Conduct Authority has called on the investment sector and wealth managers to improve the way they disclose costs and charges to clients following a review of the sector which found shortcomings.

The Financial Conduct Authority has urged people who invested in a number of unauthorised collective investment schemes (UCIS) involving ‘land banking’ to come forward to claim a possible refund from a £2.5m pot.

The FCA has today published a report which appears to give the insurance sector - including the professional indemnity market - a clean bill of health.

The FCA has today issued a decision which finds that three asset management firms breached competition law.