Regulation

Just 18 individuals were fined by the regulator for misconduct, breaches of the rules or failures in their duties in 2013, a fall of 40% from 30 three years' before.

The Financial Conduct Authority will not begin testing firms' Mortgage Market Review processes until later in the year to allow for a "period of adjustment" while lenders and brokers get used to the new regime.

Two broking bosses have been given warning notices by the Financial Conduct Authority relating to management issues and client money handling.

UK CPI inflation fell for a sixth consecutive month in March to hit a fresh four-year low, according to latest figures from the Office for National Statistics.

Complaints data published by the FCA has showed 2,479,029 new complaints opened against financial services firms between July and December 2013.

The International Monetary Fund (IMF) has upgraded its UK GDP forecast and now predicts the country will see stronger growth than any other G7 economy this year.

Nearly three quarters of firms are still failing to show clients the true cost of advice, the regulator has found in what it calls a "wake-up call" for the industry which has already put two firms at risk of enforcement action.

Savings as a result of today's Competition and Markets Authority (CMA) final report into the private healthcare market are likely to be absorbed by employers, rather than benefit employees through wider cover, Capita Employee Benefits' analysis shows....

Private medical insurers (PMIs) are promising to pass on any savings made from the Competition and Market Authority's (CMA) final remedies for the private healthcare market to customers.

The Competition and Markets Authority (CMA) is reducing some of its demands on private healthcare providers and practitioners to address lack of competition and consumer detriment issues in the market.