Quilter Financial Planning has sold the advice arm of the Lighthouse Group.

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Financial Planner Quilter has agreed a deal to acquire adviser network Lighthouse in a £46.2m deal.

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Lighthouse has acquired a 5.3% stake in Tavistock Investments as part of a “strategic agreement” between the two firms.

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National advisory firm Lighthouse Group has announced a "low-cost" online advice service. Read more...