Nucleus' long-awaited £242m deal for Curtis Banks completes

The £242m deal was first revealed back in January and sees the formation of an £80bn adviser platform group to be utilised by around 5,000 advisers managing 250,000 customers. The confirmation today (26 September) comes after the Competition and Markets Authority launched an investigation into the takeover in July after Nucleus referred itself checks to confirm the combination of the two firms would not damage competition. Nucleus' acquisition of the self-invested personal pension provider was then cleared early this month with the Financial Conduct Authority, Prudential Regulation Au...