Nine new robo-advisers are being developed with guidance from the FCA, it emerged this morning.

The Treasury has proposed amending the definition of financial advice to bring it in line with wording used in rules derived from the European Union.

An FCA specialist has labelled some compliance officers ‘not very good’ and says they have “too much of a tick-box, back-covering approach”.

A High Court has handed a 15 year ban to a director who operated investment scams that lost consumers at least £13.3 million.

Pensions are “top of the list” of issues that the FCA faces for their importance to society, the regulator’s new chief executive says.

Paraplanners have been urged by an FCA specialist to ditch ‘flaky’ suitability reports and make them easier on the eye.

A member of the Financial Advice Market Review panel has called for a rise in the £150 tax-exempt advice available for employees via their employer.

The new capital adequacy rules take effect today but Sipp experts say there are still grey areas that could be problematic.

A financial adviser has been banned and fined £109,400 for “lying repeatedly to the regulator”.

The Personal Finance Society has met with the FCA, FOS and APFA to discuss “ineffective and overcomplicated” suitability reports.