US investment firm acquires LV for £530m
It will help the savings, retirement and protection group expand product range for clients and IFAs
It will help the savings, retirement and protection group expand product range for clients and IFAs
Platform to sell back shares of its international operation, CEO says
Founder said he had to ‘break the mould’ from selling to consolidators
‘Further acquisitions are in the pipeline for the next few months’
This marks the company’s first foray into the British investment market
Activist investor Primestone Capital accused wealth manager of fostering a ‘high cost culture’
It is reportedly working with Bank of America Merrill Lynch following several offers
Gibraltar-headquartered firm bolsters Middle East operation, as asset manager names UK chief executive
But ‘no certainty that any potential transaction will be concluded’
Workforce reduction is ‘next phase of journey’ as it gains operational independence from Lloyds
It believes there is an educational gap in the sector that needs addressing
It has paid redress of around £2.7m to 41 customers impacted by the switch to Sipps