The Financial Services Consumer Panel has published new research which looks at the potential detriment for consumers of being trapped in poorly performing financial services products.

Advisers favour performance over brand recognition when it comes to choosing a multi-asset fund provider, according to new research.

The FCA has today fined Bank of Scotland (BOS) £45.5m for failures to disclose information about its suspicions that fraud may have occurred at the Reading-based Impaired Assets (IAR) team of Halifax Bank of Scotland.

Citizens Advice has criticised the FCA over its response to the so-called loyalty penalty super-complaint.