Salford-based financial adviser and professional services firm Frenkel Topping is in talks over a £68m takeover bid for the company by private equity firm Harwood.

Private equity firm HSQ has today confirmed its unconditional offer to buy the remaining 10% shares of the troubled Financial Planning business Kingswood and said it hopes to conclude the deal by 15 April.

Hargreaves Lansdown’s chief financial officer Amy Stirling is to leave the business after the imminent takeover of the company goes through.

The acquisition of platform provider Hargreaves Lansdown by a private equity-led consortium for £5.4bn has received court approval and shares in the firm are set to be delisted on Monday 24 March.