Fast-growing Financial Planner and wealth manager Kingswood Group has ruled out a sale of the business after a strategic review.

Over half (51%) of Financial Planning firm owners said they expected to exit or sell their business within the next five years, according to new research.

Sipp provider and fintech Gaudi Regulated Services has gone into administration on the same day the firm sold its pension business book to platform provider Platform One.

Wealth manager and Financial Planner group Kingswood Holdings has confirmed the potential sale of the company’s UK business operations.