To help advisers ‘get to grips’ with building drawdown portfolios

Evelyn Partners warns thousands of businesses are at greater risk

‘A big mistake to underestimate the impact it will have’

Fourth acquisition of 2025 for private equity-backed advice group

Adds about £4bn of AUM and 454,000 policies

Joins from rival provider Scottish Widows

Successor has been appointed and will be announced in September

FCA working with Information Commissioner’s Office on solutions

Firms must signpost consumers to MoneyHelper’s annuities comparison tool

Follows significant financial backing from Marlborough