The FCA is to give staff at regulated firms an additional 12 months to pass professional exams due to the Coronavirus outbreak.

Platform Transact has reported that quarterly Funds Under Direction fell 11% in the first quarter (to 31 March) from £39.31bn to £34.99bn, a drop of £4.4bn.

Financial advisers saw their turnover and client numbers grow strongly in 2019, a new study has found.

Chancellor Rishi Sunak has extended the consultation on scrapping the RPI inflation measure by four months to August.

Complaints about regulated firms topped 6m in the second half of 2019, according to data published by the FCA today.

Financial services firms expect to be hit with a major drop in business in the next quarter due to Coronavirus, according to the latest CBI/PwC Financial Services Survey.