Succession Wealth buys Plymouth-based DFP
The firm brings £165m of client assets with it
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The firm brings £165m of client assets with it
Financial services sector ‘has long been a hotbed of M&A activity’
Despite increasing interest, they do remain a ‘niche product’
As 40% of HNWIs do not have a formal inheritance plan
It is the firm’s 62nd acquisition since 2014
Company ‘will ensure that clients will not suffer financial loss’ if personal data held by the firm is misused
It is the company’s first acquisition under Aviva ownership
It is working closely with the FCA about pension transfer advice given by an acquired business
As the insurance giant looks to significantly grow its presence in the UK advice market
Sunak pledges to go ‘further’ on reliefs and allowances
It will continue to operate as a separately regulated advice company
Deal adds £175m in client assets