Wealth manager buys advice firm for £7.8m
M&G and Polygon Partners commit to purchasing 6 million shares in £5.3m placing to fund the deal
M&G and Polygon Partners commit to purchasing 6 million shares in £5.3m placing to fund the deal
Service will have no additional charges
Newly appointed CEO looking to ‘simplify offering to financial advisers’
Phoenixing is allowing ‘firms that simply should not be in business’ to transfer compensation burden
Sanctions include having paid advertising removed from search engines and follow-up compliance action
Insurer makes c-suite changes, while Swiss private bank names head of continental Europe and Middle East
DB pension transfers from 1990 onwards may require compensation as a result
He is reportedly still owed more than £230,000 by the adviser
#JusticeForWoodfordInvestors comes as law firm prepares to file its case at court
Deal adds £46m in assets under administration to the company
They offer ‘more choice to clients and advisers over which jurisdiction they want to situate their wealth’
Industry ‘still in the dark’ as speculation mounts over future fiscal measures