Investors in collapsed peer-to-peer lending platforms have urged the City regulator to hire “a very different” kind of chair when replacing outgoing Charles Randell following several scandals under his watch, including Lendy and London Capital & Finance (LCF). Randell, who became chair of the Financial Conduct Authority (FCA) and Payment Systems Regulator in April 2018,...Read More

By Sonia Rach The Financial Conduct Authority has launched a campaign targeting new investors after it found 1m people have turned to high risk investments during the pandemic. The campaign, called InvestSmart, has launched today and is to run over five years. It will cost about £11m. It targets those who are inexperienced at investing and...Read More