Sanlam and Allianz create joint venture in Africa
JV will provide insurance and financial services in 27 markets
Industry
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Canadian pension fund acquires majority stake in UK wealth manager
Deal is worth around £255m
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UAE to launch end-of-service scheme for private sector employees
It will include three main investment options
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Singapore-based MoneyOwl to wind down financial advice arm
Following a review which found that business would not be commercially viable
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Former The Fry Group financial planner sets up UK firm
To help clients make ‘wise investment decisions and minimise tax liabilities’
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UK advice business completes management buyout
Company will rebrand as Seven Street Wealth
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Financial advice company fails
With the FSCS receiving claims relating to the British Steel Pension Scheme
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Duo face bans and £1.3m fine over pension transfer advice
They have referred the FCA decision notices to the Upper Tribunal
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Saffery Champness Registered Fiduciaries undergoes rebrand
Trust company will bring together three operations under one unifying brand
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IFA group snaps up three UK advice firms
Taking the number of acquisitions made this year to 15
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Ex-Brooks Macdonald deputy head launches DFM
Five Horizons has been created under the umbrella of P1 Investment Services
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IFGL Pensions makes product changes
This includes closing the Acorn Lite Sipp to new business from 1 September