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James Hay set to buy Nucleus for £145m

 

Private equity-owned platform James Hay is to buy rival Nucleus Financial for £145m in an all-cash deal announced today.

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Financial Planner Saunderson House to axe jobs

London-based Financial Planning firm Saunderson House is to cut about 25 jobs as the pandemic forces the firm to cut costs.

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Transact pulls out of race for Nucleus

Integrafin, parent company of platform Transact, has released a Stock Exchange announcement this afternoon stating that it now has “no intention” of making an offer for rival Nucleus Financial Group.

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Updated: 2 firms pull out of Nucleus race

Private equity firm Aquiline Capital Partners and fintech Allfunds have pulled out of the bidding race for adviser platform Nucleus.

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