Spiralling costs prompt sale

Report is a tacit admission of 'RDR failure'

More than half of advisers (53%) have found the transition to the Retail Distribution Review (RDR) either smooth or very smooth, according to research published today.

Baker Tilly has announced it would pay cash for RSM Tenon, following an investors' notice last week that it was considering the acquisition.

IFA acquirer and wealth manager Bellpenny has acquired Walton on Thames-based IFA Entire Wealth Management.

Investors who claimed tax relief on shares in failed start-up companies face a criminal probe by HM Revenue & Customs (HMRC) into their investments amid a crackdown on aggressive tax planning.

The Serious Fraud Office (SFO) has charged two former brokers at RP Martin Holdings Limited with offences of conspiracy to defraud in connection with the investigation into LIBOR manipulation.

Chase de Vere today announced steep losses for 2012 of £11.2m, impacted by the £14.4m set aside to cover the costs of its Keydata legal battle and compensating clients sold Arch cru and payment protection insurance.

The Financial Conduct Authority (FCA) has issued its largest ever fine on a retail sole trader - nearly £1m - for sale and rent back failings.

The Financial Conduct Authority (FCA) has banned and issued its largest ever fine of nearly £1m on a retail sole trader for sale and rent back failings.