Senior bosses at banks and some investment firms face paying back bonuses going back as far as 10 years if misconduct is discovered.
A £75m bill is heading the way of financial advisers to pay for the FCA in this financial year – a jump of 10.2%.
Seven Investment Management is being taken over by Caledonia Investments in a £100m deal, following bids by nearly 20 groups.
Expat financial advice specialist deVere Group is considering legal action against the creators of a website for publishing what it calls “malicious and false content”.
A pensions taskforce is urgently required to solve the problems that have arisen since the retirement income reforms took effect in April, the ABI says.
A Buckingham based wealth management firm is set to be taken over by Mattioli Woods in a deal worth £7m.
Standard Life's chief executive is stepping down after six years in the role, the company has reported.
The new Chair of the Work and Pensions Committee has warned of the “real danger” of pension savers being ripped off under the reformed system.
As Father’s Day approaches this weekend research has suggested that more than a third rely on their dad for pension and savings advice.
The FCA must fire a warning to firms that barriers stopping savers accessing their pensions are unacceptable, the Government has commanded.