Managers at Tenet Compliance Services (TCS) have bought the company after the parent business, Tenet Group, went into administration.

Eddie McGuire, managing director of @sipp, and the firm's finance director Steve Lancaster, have led a successful MBO of the specialist SIPP and SSAS provider.   

Chartered Financial Planner firm Fiducia Wealth Management has been bought out by its management.

A Chartered Financial Planning firm is on the verge of completing a two-year management buyout, which it says will “accelerate a period of ambitious growth” that aims to double the size of the business.