UK Adviser
UK financial planning firm makes fifth acquisition of 2020
Deal adds around £150m to the group’s assets under management
IFA business acquires UK advice firm
Finding a suitable buyer proved a challenge
UK wealth manager to exit ‘competitive’ adviser market
Firm’s professional intermediary distribution channel will close in June 2021
IFAs call for faster underwriting to improve protection market
As 39% believe the sector needs to evolve with more products designed for millennials
‘Counter-intuitive’ capital gains tax creates ‘odd incentives’
But ‘tinkering with the CGT system’ could have knock-on effects for other areas like IHT