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

Up and coming adviser platform Wealthtime says it will consider its own acquisitions following the completion of its takeover by European private equity firm AnaCap Financial Partners.

The takeover of acquisitive Financial Planning-focused wealth manager Harwood Wealth by global private equity firm Carlyle has been completed today.

Perspective Financial Group, a national Financial Planning firm and wealth manager, has appointed a new chairman following an injection of private equity funding into the company.