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Paul Feeney: “As the advice market consolidates, the strategic acquisition of Lighthouse will help secure Quilter's position as the place to go for trusted financial advice in the UK.”
Life company and advice giant Quilter has agreed a deal with Lighthouse to buy the firm for £42.2m.
The deal, which has the backing of Lighthouse's executive and top three shareholders, would see Quilter and its advice arm Intrinsic grow to more than 3,900 financial advisers. Quilter is paying £46.2m...
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