The Premium Bonds prize fund rate will fall from 4.15% to 4% from the January 2025 draw, although the odds of winning will remain at 22,000 to 1.

The Financial Conduct Authority has fined Macquarie Bank Limited - London Branch (MBL) £13m for serious failings that allowed one of its employees to record more than 400 fictitious trades.

The financial services sector will lead the way in salary growth next year, a new report predicts.

MPs and members of the House of Lords have today published a critical report on the Financial Conduct Authority (FCA), branding the regulator ‘incompetent’.

The FCA has published an indicative roadmap of key dates for the development and introduction of the UK’s crypto regime as new research revealed crypto ownership has risen 20%.

The FCA is offering up to £30,000 to people who successfully submit a research proposal that the regulator reckons will lead to a publishable report on growth, competitiveness or regulation.

Joshua Anderson of Fidenti Wealth of Sandbach in Cheshire has been named Financial Adviser Apprentice of the Year in the CII/PFS latest annual Financial Planning apprenticeship awards.

The FCA has called on insurance firms to improve bereavement handling times and share best practice after it found it took up to 122 days to process a claim.

Barclays Bank has been fined £40m for failing to disclose a fund raising deal with Qatari entities in 2008 at the height of the financial crisis in that year.

MKC Wealth, the expanding wealth manager backed by Cabot Square Capital, has acquired two adviser firms.