SHOCKING: 3 - What They Never Told You

The £10,000 question: When should cash savings become investments?

Cash is important to have for emergencies - but at a certain point investing is the better route to wealth-building

The Independent UK · Jul 8

British Watchdog Wants To Regulate AI Models Giving Financial Advise. Millions Are Already Doing It.

The executive director of consumers and competition at the FCA said the government should examine whether general-purpose large language models should fall within the country's regulatory framework.

International Business Times · Jul 7

Global Market: UK regulator urged to consider rules for AI chatbots in financial advice

A UK regulatory review has recommended that the Financial Conduct Authority consider bringing AI models such as ChatGPT, Claude and Gemini within its regulatory framework as their influence on consumer financial decisions grows. The report also warned of systemic risks from increasing reliance on a handful of AI and cloud…

The Economic Times · Jul 7

FCA ordered to partly suspend car finance compensation scheme

Court orders financial watchdog to halt parts of £9.1bn scheme until challenges are heard, delaying payouts

The Guardian - UK · Jul 2

Payouts on UK watchdog’s car finance compensation scheme paused by tribunal

Lenders will no longer need to calculate or pay compensation to people owed money until a legal process concludes.

Evening Standard · Jul 2

UK drivers mis-sold car finance face longer wait for compensation payouts

The Financial Conduct Authority (FCA) is facing legal challenges from four companies

The Independent UK · Jul 2

Firms must do more for customers in older pensions, says FCA

Under the Consumer Duty, firms should be able to show that products deliver fair value.

Evening Standard · Jul 2

Aussies face 'poverty premiums' on insurance payments

At a time when households face higher insurance premiums across the board, the industry is being warned not to penalise customers paying monthly or quarterly.

AAP · Jul 1

Crypto firms operating in UK to be subject to sweeping new rules

City regulator will require booming industry to prove its resilience to risk from October next year

The Guardian - UK · Jun 29

Labour ask finance watchdog to probe Nigel Farage over billionaire's secret £5m gift

LABOUR have asked the UK financial watchdog to investigate whether Nigel Farage’s support for cryptocurrency has benefitted the billionaire donor…

The National (Scotland) · Jun 25