'Nobody is big enough not to be bought'

This episode of Professional Adviser TV  unpacks what those contemplating a sale should be considering in light of recent market developments, as well as touches on recent big deals. Rennison highlighted Natwest's purchase of Evelyn Partners for £2.7bn and Nuveen's buy of Schroders for £9.9bn. On the deals, he shared his views on why banks have chosen now to re-enter into the financial advice market. The Financial Conduct Authority's consolidation review was also discussed. Rennison spoke on its already witnessed impact and how he thinks it is going to change M&A going forward. ...