The Financial Conduct Authority (FCA) has set out plans to slash “red tape” around the corporate bond market today in a bid to open up the asset class to retail investors and wealth managers.

More than double the number of money-related adverts were banned or changed by the financial watchdog in 2024 compared to the previous year.

The Financial Conduct Authority wants to “pick up the pace” in the retail space as it concentrates on its advice guidance boundary review.