Wealth manager Ashcourt Rowan today said revenues had fallen in the last year amid a restructure of the group as it looks to prepare for future expansion.
Retirement Planner's round-up of the top pension stories this week.
Wealth manager Mattioli Woods has acquired the pension administration business of Ashcourt Rowan in a deal which could be worth more than £1.3m.
Ashcourt Rowan has hired Brewin Dolphin investment manager Harry Burnham, who will join the firm's board after being released by Brewin.
Ashcourt Rowan's new head of funds research has moved to counter dwindling bond market liquidity by adding funds with "more stable" asset bases to the group's buy list.
Towry director and senior client partner Gaius Jones is to join Ashcourt Rowan as chief executive.
David Palmer has joined Ashcourt Rowan as a business director within the wealth manager's asset management arm.
Ashcourt Rowan is restructuring part of its business as it expands across the UK to service clients post-Retail Distribution Review (RDR).
Ashcourt Rowan has appointed a new group head of marketing as part of its national expansion plans.
Ashcourt Rowan chief executive Jonathan Polin has bought a further 31,645 shares in the company following the group's interim results yesterday.