Industry figures give their views on the benefits and potential drawbacks of financial services providers buying into intermediary firms and look at the wider implications for the market
Investment Week brought together a range of individuals representing organisations with an interest in the implications of providers taking stakes in IFA companies. Two independent IFAs who are looking at options for raising capital were present, along with Aegon, a provider that has been active in buying stakes. Companies involved in putting the deals together were also represented. A law firm and an accountant that have been involved in a number of deals gave their views on the varying rationales behind the deals are done, as well as the benefits and potential drawbacks. IW: What is ...
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