Companies

Network put up for sale by current owner Penta Capital

Exceptional costs of £250m

Adviser growth, not acquisitions, driving development

Regulator takes no further action as investors were ‘clearly warned’

Firms have linked up since 2009

Succeeds Lee Hartley who is now deputy chair

The group moves from three divisions to two

Owner Andrew Swallow to retire

Acquires Lifetime Financial Management Intermediaries

Acquisition will bring in more younger advisers, Finli outgoing CDO says