Financial Planning-focused adviser firm AFH Financial faces opposition from its largest shareholder, Slater Investments, to private equity firm Flexpoint Ford’s £224.5m cash takeover of the group.
Real pay growth hit its highest level since 2001 in December, raising concerns about future inflation.
Standard Life Aberdeen has confirmed that it is to sell the Standard Life brand to the Phoenix Group.
Adviser network Openwork, one of the UK’s largest, has rebranded as the Openwork Partnership from today.
SIPP provider Dentons Pensions has acquired MAB Pensions, a provider of small self administered schemes (SSASs), from Michael Ambrose Group (MAB), a Leicester-based financial adviser and pension administrator.
The FCA has imposed a number of restrictions on a car investment scheme provider and ordered it to halt regulated activities because of concern about its finances.
Bestinvest has reported a 33% rise in the number of poorly performing ‘dog’ funds over the past year with some major names faring badly, according to its latest ‘Spot The Dog’ fund report.
The latest issue of Financial Planning Today magazine unravels the pros and cons of trying to sell a Financial Planning firm during the pandemic.
LEBC, the retirement advisory firm whose CEO died suddenly last year, has reported a loss of £232,000 in its latest financial figures.
Royal London paid out £13.1m in Covid-19 claims in 2020 to a total of more than 2,100 customers.