Variable recurring payments give consumers greater sight and control over their regular payments.

The regulator says firms need to improve to better protect against money laundering.

Rathi warned that "one or two things are going to go wrong here and not everybody is going to play completely by the rule book".

The FCA's thematic review requires advisers to improve standards to demonstrate suitability of retirement income recommendations.

The FCA's chief says the changes would "support home ownership and opening a discussion on the balance between access to lending and levels of defaults".

Loan-to-income caps and financial stress-testing rules are believed to be among the areas being considered for reform.

The FCA says it is increasingly seeing firms trying to avoid potential or actual liabilities.

The regulator has fined Arian Financial for failings relating to cum-ex trading.

A third of respondents paid a fee based on a percentage of the loan sum in spite of Consumer Duty regulation.

Beth Yolland-Jones, clinical expert at duty of care assessment company Comentis, explains how, not only are we all susceptible to financial vulnerability, but we’re each...