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The Financial Conduct Authority has banned five directors of financial advice firms from working in financial services and fined them over £1m.

The Investment Association (IA) has launched a new technology tool to help investors find lost assets.

A fifth (19%) of financial advisers admit they have not heard of the FCA’s new Consumer Duty and have not considered changes they may need to make.

FCA CEO Nikhil Rathi has defended the pay packages of staff - some of whom went on strike this week - as “possibly the best package” among UK regulators.

One in five (19%) of divorcees will be significantly financially worse off in retirement because of a divorce, according to a new report.

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