Bellpenny gains £75m FUM with IFA Meridan Park acquisition

MPA brings £75m of funds under management, with assets evenly split between pensions and investment business. The deal - Bellpenny's 11th - takes the company to £1bn funds under management. Oaktree Capital managing director and Bellpenny board member Justin Bickle said: "To go from zero to a billion pounds under management in 12 months is a fantastic achievement. "This milestone is testament to the hard work and commitment of the Bellpenny team. Bellpenny is ideally placed to be one of the leading players on the UK financial planning scene in the coming years and providing a firs...