Hundred undervalued IFAs 'ripe for picking'

Research on 1,000 UK IFAs, conducted by Plimsoll Publishing, picked out 95 separate businesses that may have had "a long and distinguished history", but are currently suffering. It concludes these "wounded animal" firms represent "one of the biggest opportunities in a generation" for companies looking to consolidate in the current climate. "What we have identified here is a group of wounded animals," Plimsoll senior analyst David Pattison says. "Many of these businesses have a long and distinguished history, yet their recent performance has deteriorated. "By definition these are class...