Nearly one in three financial advisers expect client fees to rise as a result of the FCA’s new Consumer Duty - with more directly-authorised Financial Planners concerned than network members.

Stockport-based financial adviser Denis William Armitt (FRN 402468) has had his permission to carry out any regulated activity revoked after failing to submit returns to the Financial Conduct Authority by the relevant date.

The Financial Conduct Authority has outlined new guidance proposals aimed at combatting illegal and non-compliant social media ads and promotions and the potential damage from some ‘finfluencers.’

Two fraudsters involved in a £17.9m scam which saw the FCA Register cheated to convince investors they were legitimate have been sentenced to a combined eight years in prison.