The FCA has cancelled the Part 4A permissions of Liverpool-based claims management company MJL Focus Marketing (FRN 837145) after concluding that it was not a “a fit and proper person.”

As the next stage of the FCA's Consumer Duty looms in July - when legacy products and sales will be included - some new research suggests the Duty may be rather more of a burden on Financial Planners and advisers than first thought.

A 46-year-old man pleaded guilty to fraud today at Southwark Crown Court following a prosecution brought by the Financial Conduct Authority (FCA). 

A £2.7m boiler room fraudster, who used different names for his crimes and was jailed for nine years for his crooked activities, has been banned by the FCA.