Some £215m has been paid out by banks in payment protection insurance compensation for the first half of 2011, according to the Financial Services Authority.
Cazenove has announced a series of roadshows in association with Henderson, Skandia and Thames River.
Sipp provider Mattioli Woods has acquired TCF Global Independent Financial Services and its subsidiary, employee benefit firm Kudos, for £8.7m.
IFP sponsors Hornbuckle Mitchell and AXA Wealth have announced a series of seminars for advisers looking for new Financial Planning opportunities.
The Treasury is hoping to recoup billions of pounds in unpaid tax after reaching an agreement with Switzerland to tackle offshore tax evasion.
Fidelity FundsNetwork has launched ‘Knowledge Hub’ - a new online service provides advisers with training, demonstrations of platform tools and services, guidance and insight on key themes - from tax to regulations.
Yorkshire Building Society says it is “delighted” that Norwich & Peterborough Building Society (N&P) saving and borrowing members have voted in favour of a merger between the two societies.
SimplyBiz has acquired Sifa, the trade body and support provider for advisers in the legal profession.
LV= has confirmed the outsourcing of its asset management and transfer of its external funds to Threadneedle Investments.
The Jersey Financial Services Commission is consulting on implementing its own RDR-style regulation.