Wealth manager Towry has been hit by a £2.1m payment for settling regulatory issues following talks with the Financial Conduct Authority (FCA), its accounts have shown.
The firm's annual results for 2013 showed Towry's expenditure for settling 'exceptional' regulatory costs were four times as much as in the year before, when the it cost the firm £432,000 to respond to...
Went into administration April 2018
Threat of legal action looms over Woodford IM
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Retirement Planner Forum 2019