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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.

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.

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.

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

Phil Smith, founder and former group CEO of Embark, has been appointed as a non-executive director at fintech and support services firm Fintel.

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