Advisers thinking of selling their business should do so before 2021 budget - M&A specialist

Given the levels of government borrowing, public finances need to be repaired and tax rises in the next budget cannot be ruled out, Dunning, who is a partner at law firm Stephens Scown and specialises in adviser M&A work, has argued.  "Of course, we will not know until the next budget but those likely to sell in the near future should at least consider possible tax changes with their advisers," he added.  Dunning said there was a pent-up demand to buy "quality IFA firms", particularly from consolidators with war chests, and a growing number of would-be sellers who would have sold in 2...