Wealth manager Towry has been forced to spend a further £3.7m to deal with issues the regulator has with the business, following a quadrupling of the expenditure last year.
A law firm has launched a complaint investigation service for advisers to help them head off grievances before they reach the Financial Ombudsman Service (FOS).
Wealth management group is close to launching online services for clients, according to a report in the Financial Times.
Everything advisers need to know about the week
Close Brothers Asset Management has acquired independent financial planning business Mackay Stewart & Brown.
Why is competition so lacking in financial advice?
The death of the ‘once and done' pension plan
Advice on investing in a Saudi sand factory
A former professional indemnity insurance broker has been banned by the regulator for giving forged evidence and lying to the High Court.
IFA and employee benefits adviser Helm Godfrey has launched its own app to allow clients to access its services 24/7.