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1 week ago | 
professionaladviser.com | Jen Frost
The cancellation comes with HSQ Investment (HSQ), a subsidiary of Pollen Street Capital, set to take over the business. HSQ held 68.4% of Kingswood's voting rights as at 12 March, when deal discussions were first announced. Yesterday (16 April), Kingswood updated that HSQ's interests in the business effectively amount to 99.27%. This follows the acceptance of a takeover offer in respect of 9.88% of shares.
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1 week ago | 
professionaladviser.com | Jen Frost
Aims to make flagship fund range ‘available to as many people as possible’ M&G has announced a partnership with FNZ that will see its flagship £64bn PruFund range available via more UK platforms. The PruFund range will become available on FNZ-powered platforms later this year.
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1 week ago | 
professionaladviser.com | Jen Frost
The move out of 10 Crown Place follows the sale of Close Brothers Asset Management (CBAM) to Oaktree Capital Management in March in a deal valued at up to £200m. CBAM went on to rebrand as independent wealth business TrinityBridge shortly after the sale completed. TrinityBridge is expected to move into the new premises in October, with 300 employees set to relocate. "We are delighted to announce our new headquarters in Marylebone," said TrinityBridge CEO Eddy Reynolds.
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1 week ago | 
professionaladviser.com | Jen Frost
Takes minority stake in Murphy Wealth Söderberg & Partners (Söderberg) has taken a 30% stake in financial planning firm Murphy Wealth, the first Scottish advice business it has invested in.
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1 week ago | 
investmentweek.co.uk | Jen Frost
For year ended 31 March 2025 Tatton Asset Management (Tatton) has seen its total assets under management up 24% for the year ended 31 March 2025.
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1 week ago | 
professionaladviser.com | Jen Frost
Excluding votes withheld, 91.3% of Aviva preference shareholders voted in favour of cancelling the shares in an advisory vote. General Accident preference shareholders were 94.6% in favour, according to a result of meeting update published this afternoon (15 April). A cancellation resolution, voted on by both preference shareholders and ordinary shareholders, saw 97.5% vote in favour in Aviva's case and 99.9% in General Accident's case.
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1 week ago | 
professionaladviser.com | Jen Frost
Brings ‘further choice’, says product director Quilter and Quilter Cheviot MPS offerings are now on AJ Bell’s platform, Quilter confirmed this morning (15 April).
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1 week ago | 
professionaladviser.com | Jen Frost
It further confirmed that Tatton non-executive chairman Roger Cornick is expected to retire at the end of July 2025. The group saw net inflows of £3.7bn for the year, representing 22.3% of opening AUM. Total AUM was £21.8bn as of 31 March 2025, up from £17.6bn the previous year. As of April 2025, total AUM was £21.1bn. Organic net inflows were a record £3.7bn (2024: £2.3bn), the group stated in the trading update shared this morning (15 April).
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1 week ago | 
professionaladviser.com | Jen Frost
Another five in the pipeline this year Financial advice network Corbel Partners has made seven acquisitions in Q1 2025, bringing the total number of firms it has bought to 13.
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2 weeks ago | 
professionaladviser.com | Jen Frost
The Financial Planning Club, which launched last year and is run by co-founders Lewis Byford, Amanda Ford and Lee Old, has been working with financial planner owner-managers on business goals. The biggest and most common challenge that Ford and Byford, who sat down with PA to talk business building and The Financial Planning Club's work since launch, centres on business development.
