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The Latest Breaking News from Sarah Pritchard

Cadia goldmine operators fined $350,000 for breaches of NSW clean-air laws

Testing had previously revealed the mine was emitting more than 11 times the legal limit of dust containing heavy metals

The Guardian - AU

Millions of people could get more support with their pensions under FCA plans

The Financial Conduct Authority expects to consult next summer on new rules to give pension savers targeted support.

Evening Standard

Miner breached environmental laws in 'almighty' blast

Maules Creek Coal has been found guilty of failing to comply with environmental protections over a blast that shook locals and sent two workers to hospital.

AAP

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Pension schemes to be rated red, amber or green in plans to improve transparency

The plans aim to give greater transparency over how schemes are performing and cut the number of savers in poor-value pensions.

The Independent UK

Truegain owner's $45m downfall: Bankrupt and guilty of pollution charges

Court finds Robert Pullinger guilty over pollution breaches.

Newcastle Herald

Retirement advice firms ‘not even getting basics right’, says City watchdog

The FCA has called on all regulated firms offering financial advice to review their processes when providing retirement income advice

Evening Standard

Glider's fate at stake in forest battle over fine print

A corporation that logs native forests says it's not required to do a perfect job when looking for den trees of an endangered marsupial.

AAP

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Investment advisers could be made to keep cash aside to cover bad advice

Wronged customers have been paid more than £750,000 in redress over the last six years.

The Independent UK

Oil hits $90 per barrel as Saudi Arabia and Russia extend production cuts; UK business activity falls – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude hits its highest level of 2023

The Guardian - UK

FCA warns banks they will ‘act’ if politicians are wrongly denied services

The UK is one of more than 200 countries that have signed up to more financial checks on senior figures in the public eye.

The Independent UK

FCA cracks down on ‘fin-fluencers’ posting illegal investing advice

Number of ads banned by markets watchdog skyrockets to 8,852 in 2022

Evening Standard

Stronger rules proposed to protect people from rogue financial promotions

Proposals will ensure firms approving adverts have the appropriate expertise and are held accountable for the promotions they sign off, the FCA said.

The Independent UK

Proposals to make financial advice more accessible set out by City regulator

Some 4.2 million people in the UK hold more than £10,000 in cash and are open to investing some of it.

The Independent UK

Game-like design features in stock trading apps should be reviewed, says FCA

Some product design features could be contributing to problematic, even gambling-like, investor behaviour, the regulator said.

The Independent UK

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The Independent UK

New rules to clamp down on adverts promoting high-risk investments

The FCA’s new rules will ban investment companies from offering certain incentives to invest, such as ‘refer a friend bonuses’.

People

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