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Schroders and Lloyds have said they want to make their strategic partnership one of the “top three UK financial planning businesses within five years”
The financial planning joint venture between Schroders and Lloyds is looking to hire more than 700 financial advisers as it targets a doubling of assets under management to £25bn, according to reports.
The Financial Times suggested the ambitions of the pair would set the stage for "a potential acquisition spree" and "war for talent" against rivals such as St James's Place and Rathbones. Confirming...
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