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40 BSPS adviser firms have failed so far
Forty financial advice firms hit by BSPS claims have so far failed with a further seven under investigation, latest FSCS data shows.
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STM Group offer extended as CEO tries to buy chunk
The £39m bid for SIPP provider STM Group has been extended for a fourth time as chief executive Alan Kentish strives to buy a chunk of the company.
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£242m Nucleus-Curtis Banks merger moves ahead
The £242m merger of platform Nucleus and SIPP and SSAS provider Curtis Banks has received regulatory approval after the conclusion of a review by the Competition and Markets Authority (CMA).
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Canadian pension fund swoops on 7IM for £255m
Investment trust Caledonia Investments has sold its majority stake in investment manager, platform and SIPP provider 7IM for £255m.
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Pension SuperFund offer for STM Group is lowered
Investment vehicle Pension SuperFund Capital has lowered its offer for SIPP provider STM Group from 70p per share to 67p per share.
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