Old Mutual International Guernsey sold for £3.6m
Acquirer eyes further deals to hit its $2bn AuM target by 2025
Acquirer eyes further deals to hit its $2bn AuM target by 2025
Watchdog said it failed to meet minimum criteria for licensing
After advisers reported issues with moving their clients’ pots
While less than £5m has been seized in Guernsey
With passive strategies commoditising the market, traditional asset managers are joining the party
Deal adds around £280m in assets under management
Deal will expand offering across the Channel Islands and Europe
Duo to leave insurer, while adviser support network names managing director
They ‘failed to monitor and manage the financial crime risks associated with its customers’
Deal will include an investment management and life insurance business
Financial services group names CEO of APAC, as IFA firm hires acquisitions director
It has ‘exciting plans’ for another deal in the next 12 months