Discretionary fund manager (DFM) Barnett Waddingham Investments, formerly part of the Barnett Waddingham group, has de-authorised seven months after being taken over by rival DFM Whitefoord, regulatory records show.
The firm, which was bought by Whitefoord in March this year, de-authorised on 8 October, according to the Financial Conduct Authority (FCA) register of regulated firms. Assets managed by Barnett Waddingham Investments were transferred to Whitefoord prior to the closure of the business, contributing to the firm's now total of £430m invested assets. The deal, which completed in March this year, also saw the transfer of Whitefoord's small self-administered scheme (SSAS) portfolio to actuary and pension consultant Barnett Waddingham. Barnett Waddingham last year also acquired Origen's ...
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