Bristol and West, which is owned by the Bank of Ireland, has lost an attempt at a Tax Tribunal to avoid paying about £30m tax on a £91m gain.
Too much regulation - instead of instilling greater trust in the financial services industry - can have the opposite effect, according to Richard Sexton, reputation and policy director at PricewaterhouseCoopers (PwC).
Towry has added to a growing list of new arrivals, as the firm plans to expand through acquisitions following an aborted float.
Novia has warned its users that basic errors like failing to use a client's full ISA allowance could lead to legal action from increasingly aggressive claims management companies (CMCs).
The Financial Conduct Authority (FCA) has intervened in a test case in which the Royal Bank of Scotland (RBS) is accused of mis-selling interest rate swaps.
Wealth manager Mattioli Woods has acquired the pension administration business of Ashcourt Rowan in a deal which could be worth more than £1.3m.
Consumer independent price comparison website Payingtoomuch has developed a service that pairs customers with new advisers, and advisers with new leads.
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