The Financial Conduct Authority has today published its proposals for a new investment-generating stock market platform to be called PISCES.

The FCA has provisionally banned and fined two financial advisers over failings involving £126m of allegedly "flawed advice" pension transfers.

The FCA has cancelled the Part 4A permission to carry out regulated business of West Yorkshire-based IFA McLean’s (FRN: 146450).

The FCA is clearly inching its way towards breaking down the boundary between advice and guidance with the aim of giving more ’targeted support’, as it calls it, to millions of pension savers.

Financial advisers have broadly welcomed the FCA’s new proposals for targeted support for pension savers but have warned more clarity is needed if they are to succeed.

The Financial Conduct Authority has published new proposals to provide ‘targeted’ support to millions of pension savers to help them avoid costly mistakes.

FCA chief executive Nikhil Rathi appeared on ITV’s popular peak time programme The Martin Lewis Money Show last night to answer questions on a number of subjects including car finance claims.

A focus on how the FCA can support early and high growth firms will form the cornerstone of the FCA’s strategy between 2025 and 2030, according to CEO Nikhil Rathi.

The FCA has revealed that its Consumer Duty priorities for the coming months will include looking at targeted support for pension savers.

The Consumer Duty Alliance, the not-for-profit industry group supporting advisers with their duty commitments, has launched a free diagnostic tool.

The FCA is proposing switching its fee for principal firms of appointed representatives (ARs) and introducer ARs (IARs) to a variable fee from a fixed one.

Pension transfer specialist adviser Philip Pryke has been fined £1.4m by the FCA after his firm advised on 986 transfers, many of them not in the client’s best interests.

The FCA plans to give firms subject to enforcement investigations a 48 hour window to view the contents of any announcements before they are made public.

The firm-facing requirements of the MiFID regulations are to be transferred into FCA Handbook rules next year.

The FCA’s upcoming advice guidance proposals will focus on helping consumers understand their choices around pensions, according to the regulator’s chief operating officer Emily Shepperd.

The Financial Conduct Authority has fined Macquarie Bank Limited - London Branch (MBL) £13m for serious failings that allowed one of its employees to record more than 400 fictitious trades.

MPs and members of the House of Lords have today published a critical report on the Financial Conduct Authority (FCA), branding the regulator ‘incompetent’.

The FCA has published an indicative roadmap of key dates for the development and introduction of the UK’s crypto regime as new research revealed crypto ownership has risen 20%.

The FCA is offering up to £30,000 to people who successfully submit a research proposal that the regulator reckons will lead to a publishable report on growth, competitiveness or regulation.

The FCA has called on insurance firms to improve bereavement handling times and share best practice after it found it took up to 122 days to process a claim.