Giles Dunning: Advice sector M&A set for 2021 resurgence

Looming tax hikes fuel M&A interest

clock • 4 min read

Giles Dunning returns to PA with a bi-monthly series of articles on M&A in the advice sector. Here he explains why merger activity is poised for a resurgence in 2021 as business owners realise it makes sense to act now rather than later

As the UK experiences rising numbers of Covid-19 cases, a raft of new restrictions and with local lockdowns in force, many running an IFA business have pressed the pause button. Rather than undertake core strategic changes, the emphasis for many has been to batten down the hatches, keep business operating and manage risks as best they can. But for those thinking about selling or buying, this cannot continue indefinitely - and in fact, now could be the best time to go ahead and make the deal.  This is because we may see further dents in business confidence as unemployment rises and pro...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

PA Asks: Has demand for IHT mitigation risen at your firm?

PA Asks: Has demand for IHT mitigation risen at your firm?

This week’s poll also looks at the role of MPS and paperless operations

Professional Adviser
clock 25 March 2024 • 1 min read
FCA urged to prioritise a 'common sense' approach

FCA urged to prioritise a 'common sense' approach

Last week’s PA Asks poll highlights industry’s thoughts on the FCA

Sahar Nazir
clock 25 March 2024 • 2 min read
Advisers overlooking younger clients over asset value bias

Advisers overlooking younger clients over asset value bias

'Young people need to have access to trusted advice'

Sahar Nazir
clock 22 March 2024 • 1 min read