Close Brothers reportedly eyes sale of wealth management arm
Firm refused to comment
Industry
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16% surge in UK financial services M&A deals
160 were made in the first half of 2023
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Moneyhub teams up with wealth management solutions provider
To improve advisers’ ability to help their clients identify and monitor progress against their goals
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Two UK financial advice firms fail
After both companies were investigated by the FSCS earlier this year
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Defaqto to roll out Consumer Duty profiles
They will help advisers carry out due diligence, target market and value assessments
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Financial planning firm snaps up UK advice company
Acquisition adds £1.5bn in assets under management
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FCA enforcement activity drops in last financial year
Cases opened against firms and individuals fell by 67% and 33%, respectively
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UK financial advice firm makes eighth acquisition
Following the appointment of Gabrielle Beaumont as CEO
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Fintech firm joins forces with Options UK to roll out digital Sipp
It is now available to advised clients
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Investors Trust opens office in Kuala Lumpur
Following the closure of its Hong Kong office
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STM Group agrees to ‘possible cash offer’ to sell business
Discussions about a deal ‘are at a very early stage’
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UK eyes ‘evolutionary’ change to pensions market with reforms
As DWP launches consultation about ending the proliferation of deferred small pension pots