James Hay changes M&A terms for Nucleus deal
In a bid to provide ‘greater certainty of execution’ for the wrap platform’s shareholders
UK Adviser
-
-
UK wealth manager acquires Yorkshire-based advice firm
As it eyes another M&A deal ‘in the coming months’ to tap into an ‘under-advised market’
-
Schroders buys remaining minority stake in wealth manager
In a bid to ‘expand’ its offering in the UK advice market
-
‘Challenger’ wealth firm eyes IFA acquisitions
After the company raised £11.3m in its latest funding round
-
UK wealth firm says it’s ‘often challenging to get deals’ done
Advice M&A market is ‘incredibly active and competitive’ with ‘principals that genuinely want to sell’
-
Industry blasts long overdue FCA whistleblower campaign
‘If they had spent the last five years actually listening then we would not now have the problems we have’
-
UK wealth manager rejects £15.2m bid
Would-be acquirer believes shareholders ‘deserve the opportunity to decide on the merits of any offer’
-
Fund manager launches socially responsible Aim IHT service
Firm says it is ‘the first of its kind in the market’
-
46% drop in UK firms offering DB transfer advice in a year
It is a ‘worrying and very sharp reduction’ as 36% expect to reduce business in the market
-
Pension fraud suspect extradited to UK in criminal case
Regulator alleges 245 savers were persuaded to transfer their savings totalling £13.7m into 11 schemes
-
Pimfa welcomes FCA consultation on permanent change to 10% rule
Brexit allows UK to ‘discard’ some guidelines ‘which firms may consider cumbersome or unnecessary’
-
Product providers need to improve offering for British Muslims
Firms treat Shariah-compliant operations ‘almost like a tick-box exercise’