Mutual provider Royal London has become one of the first retail finance firms to offer Targeted Support to consumers, a day after Targeted Support was allowed by the FCA.

The FCA has today fined Dinosaur Merchant Bank Limited £338,000 for failings related to its handling of sophisticated CFD investments (contracts for difference).

The Financial Conduct Authority is consulting on removing the annual client review requirement for financial advisers who provide ongoing pensions and investment services.

The FCA has amended its rules on cyber attacks to make existing incident and third party reporting clearer requirements, more consistent and easier for firms to follow.

A trio have been sentenced for their involvement in an illegal sale-and-rent-back scheme targeting struggling homeowners.

The Prudential Regulation Authority (PRA) has imposed a fine of £10,625,000 on UK Insurance Limited due to its miscalculation of the firm's Solvency II balance sheet during 2023 and 2023.

A Bucks financial adviser has had its Part 4A permissions to carry out regulated business revoked this week by the FCA. 

British engineering firm John Wood Group Plc has been fined £12,993,700 for publishing inaccurate information in its financial results.

The FCA has cancelled the Part 4A regulatory permissions of Brian W Harrison Ltd (FRN 304682), a financial adviser firm based in Hampshire.

Some smaller regulated firms have found limitations in the range of data they can access when it comes to monitoring and tracking outcomes under the Consumer Duty, according to a new report from the FCA.