The Association of Investment Companies (AIC) has called on the Financial Conduct Authority (FCA) to reform its listing rules "exposed" by activist investor Saba Capital. The AIC proposed that when a substantial shareholder seeks to take control of the management contract of an investment trust, thi
Search: financial focus
The Financial Conduct Authority (FCA) has declared an encouraging start to its five-year strategy to protect consumers while supporting growth.
The Financial Reporting Council (FRC) has launched an investigation into PwC's audit of WHSmith, after the accountancy firm signed off accounts later found to have overstated the retailer's revenues and profits. The probe relates to the FTSE 250 retailer's accounts for the financial year ending 2024
Investment firms could save around £20m a year under new proposals from the Financial Conduct Authority (FCA) to simplify climate reporting for investment products. The FCA estimates it could deliver these savings by replacing detailed product-level reports based on the Task Force on Cli
ACCA has urged the Financial Reporting Council (FRC) to adopt the International Standard on Auditing for Less Complex Entities (ISA for LCE), while pressing for a formal consultation before any move is made.
The financial services watchdog will hold its annual public meeting in Edinburgh for the first time as it seeks to raise its profile in Scotland.
The Financial Conduct Authority (FCA) is reviewing how consumer investment firms support bereaved customers, amid concerns that fewer than half (47%) of bereaved customers felt they received the support they needed from financial firms.
The Financial Reporting Council (FRC) has published the final revisions to two cornerstone UK auditing standards governing how auditors approach fraud risk and the assessment of an entity's ability to continue as a going concern. The updated standards, ISA (UK) 240 and ISA (UK) 570, were issued on 3
Andy Gray shares financial planning guidance for professional footballers, urging them to prepare for career uncertainty, income volatility, and life after the game while their earning potential is at its peak. As the domestic football season moves into its final stretch, and contracts, transfers, a
Scottish AI fintech Aveni has been selected by UK financial advice network Quilter Financial Planning to support the introduction of AI into day-to-day advice operations, with its product Aveni Assist now live across its appointed representative firms. The introduction of Aveni Assist is intended to
NatWest Group has reported its strongest financial performance since the 2008 crash, with 2025 pre-tax profits surging to £7.7 billion. This represents a significant climb from the £6.2bn recorded the previous year, driven by broad-based growth across its retail and commercial divisions.
The Financial Conduct Authority (FCA) has announced an expansion of its efforts to improve standards within the home and travel insurance markets.
The Financial Conduct Authority (FCA) has set out new growth measures for 2026 including supporting UK-issued stablecoins to provide faster and more convenient payments. To enable firms to experiment with the issuance of stablecoins, the FCA will open its regulatory sandbox for safe testing and to s
The Insolvency Service has appointed Duncan Beach as its new chief executive, a move designed to strengthen the agency's capabilities in tackling financial crime and fostering economic confidence. Mr Beach, formerly the managing director and global head of risk & compliance transformation at HSB
UK fintech platform LendInvest Mortgages has hired Abbie McCluskey as business development manager for Scotland. Ms McCluskey will focus on building and strengthening relationships with mortgage brokers to drive the firm’s lending growth across Scotland.
