Network raid on struggling firms predicted

In a wide-ranging paper looking at the future of saving and investments, the consultancy giant noted there had been limited transaction activity in the network market recently, highlighting On-Line Partnership Group's acquisition of The Whitechurch Network in May as one of the few examples. It put this down to the deteriorating financial performance, a result of low margins, and predicted this could be compounded by the impact of the Retail Distribution Review (RDR) on business models, rising professional indemnity insurance costs and uncertain claim exposures. Nevertheless, Angelina ...