The Latest Breaking News from FCA

The average loss per pound invested was 28p

A hero also bought an Alfa Romeo 4C.

City Comment: Consumers have had a pretty tough couple of years. It is only reasonable that companies play fair

Cross-party Treasury committee says its private hearings suggest there has been no improvement in 20 years

Shares in big three brokers hit as pension funds and investment platform warned on fees and charges

The regulator is concerned that some practices may not be offering fair value to customers and may not be understood or properly disclosed.

From the nutritional traffic light system displayed on a box of cereal, to the efficiency ratings we look at when buying a house, ratings and labels help us work out how to spend money responsibly. A new scheme from the UK’s financial regulator also aims to use them to help…

The FCA said its powers will not prevent bank branches from closing, but the rules will have an impact where branches are a key local source of cash.

The Financial Conduct Authority said it will continue to closely monitor the savings market in 2024 to ensure that customers receive fair value.