FCA pays £30k after Ombudsman ruling over misleading advice
The Financial Conduct Authority has been ordered to pay compensation after the Financial Ombudsman Service ruled it gave 'unclear and misleading' advice to a customer of Admiral Insurance.
Category : Search result: financial reforms
Cash Crisis: 53% of UK's Free ATMs Vanish Since 2018
Exclusive investigation reveals Britain's alarming cash access crisis as free ATMs disappear and bank branches shut down, hitting vulnerable communities hardest. Regulatory action demanded.
ANZ Bank fined record £240m for charging deceased customers
ANZ Bank has been hit with a monumental £240 million penalty for a litany of serious failures, including charging fees to deceased customers. The Federal Court condemns the bank's 'widespread' and 'systemic' misconduct.
SEND Reforms Risk Repeating Universal Credit Failures
A damning IFS report cautions that the government's planned special educational needs reforms risk mirroring the catastrophic rollout of Universal Credit, potentially leaving vulnerable children without essential support.
FCA: UK Finance's Old Tech Poses 'Significant' Risk
The UK's Financial Conduct Authority has raised a major red flag, revealing that a large portion of the nation's finance sector is dangerously reliant on outdated technology, posing a severe threat to operational resilience and consumer protection.
Self-Employed Crisis: Millions Without Sick Pay Safety Net
Exclusive investigation reveals how 3.5 million self-employed workers are left financially vulnerable with no statutory sick pay protection amid rising illness rates.
Reform UK to Strip FCA of Banking Powers if Elected
Reform UK announces radical manifesto pledge to abolish the Financial Conduct Authority's power to regulate banks, promising a bonfire of red tape for the financial sector.
New Rule Lets Banks Hide Signs of Financial Distress
A controversial new regulation permits UK banks to temporarily hide key indicators of financial instability, sparking debate between consumer protection and financial stability.
Rugby Australia's $80m Debt Crisis Puts Future in Jeopardy
Rugby Australia is battling a staggering $80m debt. The upcoming British & Irish Lions tour and a new broadcast deal are now critical to saving the sport from financial ruin.
Why Britain Isn't Ready to Ditch Cash
As the UK races towards a cashless future, a growing movement of consumers, experts, and activists are pushing back. Discover the compelling financial, psychological, and societal reasons why cold, hard cash isn't ready for the history books just yet.
UK's Cash Exodus: The Rapid Rise of the Cashless Society
Exclusive research reveals the UK's rapid shift towards a cashless society, uncovering the regions and demographics leading the charge and those at risk of being left behind.
Thousands Lose Life Savings in Australian Super Fund Collapse
Exclusive: A major superannuation fund collapse has wiped out the life savings of thousands of Australians, sparking government scrutiny and a desperate fight for justice. Discover the full story.
Wellness App Offers High-Interest Loans to Low-Paid Workers
Exclusive investigation reveals UK financial wellbeing app targets vulnerable low-wage workers with costly credit products, raising serious ethical concerns about the fintech sector.
Reeves Forges New Pact with UK Banks to Boost Economy
Chancellor Rachel Reeves hosts landmark meeting with UK banking chiefs, unveiling a new 'shared commitment' to boost competitiveness and economic growth. Exclusive details on the new Mansion House reforms.
FCA Reviews Rules as Top Enforcer Joins Hedge Fund
The Financial Conduct Authority launches an urgent review into its conflict of interest policies after its former head of enforcement, Therese Chambers, takes a senior role at a US hedge fund, raising serious concerns about the City's 'revolving door' cul
FCA Alert: Protect Your Money From Clone Firm Scams
Exclusive: The Financial Conduct Authority issues an urgent warning as sophisticated 'clone firm' investment scams skyrocket, with criminals stealing millions from UK savers. Learn how to spot the red flags.
FCA Investigates Aberdeen Over Dubai Operations Compliance
The UK's Financial Conduct Authority launches an investigation into Aberdeen's Dubai operations, raising serious questions about oversight in the emirate's burgeoning financial district and compliance with international standards.
Australia's Diplomatic Storm and Reform Controversy
Exclusive insight into Australia's escalating diplomatic row, the controversial 'Barry' roundtable reforms, and the political turmoil gripping Canberra. Discover the internal and external pressures shaping the nation's future.
FCA warns of rising financial scams in UK
The Financial Conduct Authority (FCA) has issued a stark warning about increasing financial scams targeting UK consumers. Learn how to spot and avoid these fraudulent schemes.
Citizens Advice Calls for FOS Reform Amid Delays
Citizens Advice urges an overhaul of the Financial Ombudsman Service, citing delays and inefficiencies as consumer complaints surge.
FCA cracks down on misleading financial promotions
The Financial Conduct Authority (FCA) has issued new warnings to financial firms over misleading promotions, with 450 alerts issued in just three months. Learn how this affects consumers and firms.
Supreme Court backs FCA in financial promotions case
The UK Supreme Court has ruled in favour of the Financial Conduct Authority in a high-profile case against legal firms over unauthorised financial promotions.
Supreme Court limits Financial Ombudsman powers
The UK Supreme Court has overturned a Court of Appeal decision, limiting the Financial Ombudsman Service's powers in a major ruling affecting financial disputes.
Supreme Court rules in favour of financial watchdog FCA
The UK Supreme Court has ruled in favour of the Financial Conduct Authority (FCA) in a high-profile case, reinforcing its regulatory powers over financial disputes.
Supreme Court upholds FCA powers in landmark case
The UK Supreme Court has ruled in favour of the Financial Conduct Authority (FCA) in a high-profile case, reinforcing its regulatory powers over financial disputes.
Labor faces backlash over aged care reform delays
The Australian government is under fire as delays to crucial aged care reforms spark outrage among advocates and opposition leaders.
FCA warns banks and insurers over customer protection
The Financial Conduct Authority has issued a stark warning to banks and insurers, demanding immediate improvements in how they treat vulnerable customers and handle complaints.
NHS reforms transform ME/CFS care nationwide
The UK government unveils sweeping changes to NHS care for ME/CFS patients, addressing long-standing criticisms and promising improved support.
Cunliffe review calls for urgent water sector reforms
A damning review by Jon Cunliffe highlights systemic failures in England and Wales' water sector, urging Ofwat to implement sweeping reforms to protect consumers and the environment.
Starmer questioned on DWP's disability benefit cuts
Labour leader Keir Starmer was challenged by a disabled voter over his party's stance on welfare reforms and benefit cuts during a campaign event.
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