The Financial Conduct Authority has this year restricted twice as many firms in the investment market as it did last year, it has reported.

The Financial Conduct Authority is to introduce tougher rules to tackle “misleading adverts” that encourage consumers to invest in high-risk products. 

The FCA has expressed concerned about “weaknesses” in financial crime controls at some Challenger banks.

The Financial Conduct Authority has published a consultation paper today setting out the regulatory requirements pension providers will be obliged to meet to support the launch of Pensions Dashboards.