Anthony Turner and Andy Peterkin share their legal insight on the FCA’s Consolidation Review and outline the key actions firms involved in M&A should take…
Significant consolidation at all levels in the financial advice and wealth management sector through mergers and acquisitions (M&A) has been a trend for some time. This has been driven by a range of different purchasers, from trade buyers looking for growth and increasing assets under management, to private equity-backed consolidators. In response to this increased activity, the Financial Conduct Authority (FCA) recently published a review, setting out good practice and areas for improvement, with the aim of supporting growth in the sector. The review emphasises that the FCA gen...
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