The Financial Conduct Authority (FCA) has fined Santander £12.4m after the regulator uncovered serious failings in the way the bank offered financial advice from its bank when selling financial products. According to the FCA, the approach of Santander UK to consider investors’ risk appetites was inadequate, and for some people the bank failed to regularly check that investments continued to meet their needs, despite promising to do so. In agreement with the FCA, Santander UK has said that it w