Punter Southall Financial Management (PSFM) has announced it will acquire 100% of the share capital of City Assurance Consultants (CAC) for an undisclosed sum, as part of its continuing expansion.
The independent financial adviser and employee benefits and healthcare consultancy says CAC will benefit from the strength and breadth of the whole Punter Southall group. Currently employing over 700 staff in the UK, the group provides a complete range of employee benefits and investment-related services for individuals, companies and pension scheme trustees. CAC is a firm of IFAs providing financial advice to corporate and private clients. The firm, established in 1960, currently employs 25 staff in its Redhill office. The planned acquisition of CAC follows a continuous period of gro...
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