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Brooks Macdonald to acquire £250m Midlands IFA

Wealth manager and Financial Planner Brooks Macdonald is to acquire Nuneaton-based Integrity Wealth (Holdings) Limited - which has £250m in funds under management - for an undisclosed sum.

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FCA chair: Pension Freedoms caused problems

Outgoing FCA chair Charles Randell - in one of his last major speeches before he stands down - has said that in hindsight “more could have been done” to protect people from the negative impacts of the Pension Freedoms which were introduced in 2015.

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Charles Stanley adds sales manager from Brooks

Wealth manager Charles Stanley has appointed Adam Benzimra as national sales manager to help grow its presence in the UK intermediary market.

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Exclusive: Saunderson House to move to restricted

Financial Planning firm Saunderson House will become a restricted financial adviser from 20 June, Financial Planning Today understands.

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ValidPath launches advice firm sale solution

Adviser network ValidPath has launched a succession solution to facilitate the sale and purchase of IFA firms.

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Quilter returns £328m to shareholders

Financial Planner and wealth manager Quilter is to return £328m to its shareholders today.

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Tavistock buys ‘bionic’ app from LEBC for £3m

Financial Planning group Tavistock is to acquire the ‘bionic’ personal financial app business LEBC Hummingbird from retirement adviser LEBC Group for £3m.

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Covid claims fuel record insurance payouts says ABI

The Association of British Insurers has revealed that a near doubling of Covid payouts was a major factor in the record £6.8b in payouts on insurance claims in 2021.

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Editor’s Comment: A tighter FCA ship?

One of the biggest problems with UK financial regulation is that it is reactive, not proactive.

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Aegon launches protection dashboard for advisers

Aegon UK has launched a new dashboard for financial advisers which will enable them to add all protection applications onto one online platform.

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