The FCA said it was already working to improve in doing more to facilitate growth, acting proportionately, and improving data collection to reduce the regulatory burden on firms.
Firms in the retail investments sector, which includes most financial advice firms, had one of the lowest levels of satisfaction with their relationship with the FCA.
The Financial Conduct Authority has written to investors in Novus Black Fund UK Ltd about "significant losses" not reported to them by the alternative investment fund.
The Financial Ombudsman Service (FOS) received 485 new complaints about wealth manager St James’s Place in the first half of 2024 - almost double the previous half year - despite total complaints for the pensions and investments sectors falling.
The Financial Services Compensation Scheme has declared in default Cornwall-based investment firm European American Capital Services Limited which traded as EA Capital (FRN: 401897).
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