SIPP provider Curtis Banks increased revenue by 29.4% to £31.7m in the first half of 2021 although profits showed little growth at £6.3m.
Read more ...Cinven swoops on True Potential
- Wednesday, 08 September 2021
- Articles
Private equity firm Cinven is to acquire one of the UK’s largest financial advisory firms, wealth manager True Potential.
Read more ...11.6m received inheritance in past 10 years
- Wednesday, 08 September 2021
- Articles
More than 11.6m people have received an inheritance in the past 10 years with 47 the average age at which people receive a windfall, new research has revealed.
Read more ...Evidence of ‘greenwashing’ in 1 in 4 equity funds
- Wednesday, 08 September 2021
- Articles
The UK fund sector has made major strides in improving its ESG credentials but major improvements are still needed, according to a new report from pension consultants XPS.
Read more ...Private equity close to buying True Potential - reports
- Wednesday, 08 September 2021
- Articles
Sky News is reporting that private equity firm Cinven is close to sealing a deal to buy North East-based wealth manager and Financial Planner True Potential.
Read more ...Govt abandons pensions triple for 1 year
- Tuesday, 07 September 2021
- Articles
The Government will abandon its Triple Lock on pensions for one year, effectively reducing it to a double lock, to avert an increase in the State Pension of up to 8%.
Read more ...Planners react as PM announces dividend and NI rises
- Tuesday, 07 September 2021
- Articles
The Prime Minister has announced rises to dividend and share tax and a rise in National Insurance from April 2022 to address the funding crisis in the health and social care system.
Read more ...Fintuity expands ahead of virtual adviser launch
- Tuesday, 07 September 2021
- Articles
Digital IFA disruptor Fintuity has appointed a new chief operating officer and expanded its IFA team by 60% as it prepares for the launch of its virtual adviser proposition.
Read more ...Over 325,000 gained protection from LTA breaches
- Tuesday, 07 September 2021
- Articles
Over 325,000 people have successfully applied for protection against breaching the Lifetime Allowance, according to a Freedom of Information response.
Read more ...FCA warns firms against use of digital tokens
- Tuesday, 07 September 2021
- Articles
Charles Randell, chair of the Financial Conduct Authority (FCA), has warned regulated businesses of the dangers of dabbling in digital tokens such as cryptocurrency.
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