James Hay changes Nucleus takeover strategy

James Hay is set to acquire rival platform Nucleus via a recommended cash takeover offer, a change of tack from its original plan of using a scheme of arrangement.

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Fairstone finalises takeover of Glasgow adviser firm

Chartered Financial Planning-focused wealth manager Fairstone has acquired Glasgow-based financial adviser Chartermarque.

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EQ Investors makes 3 execs joint-CEOs 

EQ Investors’ CEO John Spiers has become non-executive chair of the company he built, paving the way for the appointment of 3 long-standing colleagues to become CEOs to replace him.

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London & Colonial owner sells Gib businesses

Financial services and SIPP group STM, the owner of the London & Colonial and Options SIPP businesses, has sold some of its Gibraltar-based businesses for just over £3m.

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