Bellpenny to shift M&A focus following acquisition double
Bellpenny is to set its sights on larger targets following a double M&A deal worth a combined £150m.
IFA
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Eight in 10 IFAs say yield of 4%-plus is unsustainable
Eight in 10 intemediaries view investments that promise an income yield of more than 4% as unsustainable, an Aviva Investors study has revealed.
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Transact rings in another round of fee cuts
Transact has added fuel to the fire of the post-RDR price war with its eighth annual charge reduction in seven years.
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Majority of IFAs cite multi-asset as choice retirement income vehicle
Multi-asset funds are favoured by more than half of IFAs as the retirement income vehicle of choice, a survey by Barings Asset Management has revealed.
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Bellpenny strikes three-year Distribution Technology deal
Bellpenny has announced a three-year partnership with risk profile provider Distribution Technology.
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Tilney Bestinvest announces quadruple financial planner hiring
Tilney Bestinvest has added another chapter to its ongoing UK push with a quadruple round of financial planner hires.
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Nutmeg targets affordable financial advice with online service
Nutmeg is set to venture into the advisory space with plans to launch an online financial advice service.
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BlackRock expands technological capability with robo-adviser acquisition
BlackRock has ventured further into the digital wealth management space with the acquisition of robo-adviser FutureAdvisor.
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Tilney Bestinvest plans new offices
Tilney Bestinvest is targeting the south coast of England and Aberdeen as the next chapters in its UK expansion drive.
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Wellian teams with IFA on bespoke model portfolio range
Wellian Investment Solutions has teamed up with IFA FiveWays Financial Planning on the launch of a bespoke managed portfolios range.
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Is M&A the answer for wealth manager expansion?
Growing a wealth management company in today’s competitive market can be tough. Could an acquisition be the answer?
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Five in six IFAs’ work incomplete as sunset deadline approaches
Five in six advisory firms are still yet to transfer clients to a fee-based arrangement ahead of next year’s RDR sunset clause, FundsNetwork research has revealed.
