There was an interesting, but mostly unreported, development this week on the regulatory front which may have significant repercussions for regulated firms.

When the financial historians come to write a chapter about the British Steel Pension Scheme debacle the word “shameful” is likely to be used.

With all the problems in the SIPP sector over the past few years SIPPs should be dead and buried by now.

I must say Mr Hunt is routinely catching us financial hacks out on a regular basis, as he did this week with his Mansion House pension reforms.

One thing that has always disappointed me about financial regulation is how many rotters are allowed to get involved in financial services in the first place.

The FCA will change the regulatory landscape on Monday (31 July) when the new Consumer Duty arrives.

I must confess I have a problem with restricted financial advice.

These are grim times for platforms, hit by runaway ’trains’ coming from all sides.

As the Bank Holiday nears (at least officially in England, Wales and Northern Ireland), I was intrigued by a story we ran this week revealing that financial services and insurance workers are taking 5% fewer days holiday than they are entitled to.

Amid all the gloomy news this week there was a chink of light for Financial Planners, at least on the potential new business front.