The FCA has appointed a director of supervision for investment, wholesale and specialists to take up the role formerly held by acting chief executive Tracey McDermott.

A pension consultancy firm says it has found signs of potential scam activity in 11% of pension transfer requests.

Alan Sugar’s former right hand man on hit TV show the Apprentice is warning of the dangers of investment scammers embedding themselves into people’s lives.

A former compliance officer at Keydata has today been banned.

There are too many pension schemes in the UK and arguably too many regulators too, a leading pensions commentator says, after reforms to master trusts were announced in the Queen’s Speech.

Adjudicators and ombudsmen at the FOS should be qualified to the same basic level as advisers, the head of a firm of Chartered Financial Planners says.

A former Towry adviser has been banned for at least two years by the FCA “for engaging in market abuse”.

An outsourced Paraplanning firm has reported a surge of enquiries about suitability reporting and platform due diligence after these areas came under the FCA spotlight.

The incoming chief executive of the FCA says the public perception of some areas of finance is “too much towards the exploitative ‘greed is good’ end of the spectrum”.

Advisers will have to stump up an extra £10m to fund The Financial Services Compensation Scheme.