M&A

Tavistock Investments has bought IFA Sutcliffe Solloway Financial Planning and its parent Cornerstone Asset Holdings, completing the deal that formed Tavistock Partners.

IFA network 2plan is in renewed takeover talks with "large" adviser businesses following two failed acquisitions last year.

Adviser consolidator Succession Group has bought tax planning and investment firm Cassidy Coutts, adding £50m to its funds under management.

Listed financial services group Tavistock has raised a further £300,000 to be used as working capital following the buyout of network Financial Ltd.

A financial adviser has left the Legal & General network after 25 years to enter into a partnership with Continuum, a growing advisory business backed by Caerus Capital.

The shareholders of Tavistock Investments have approved the firm's takeover of Standard Financial Group and its troubled adviser network Financial Ltd.

The chief executive of national IFA Ashcourt Rowan has talked of the importance of scale in wealth management as the company awaits regulatory approval for a near-£100m takeover by Towry.

Listed financial services group Tavistock Investments has agreed to buy Standard Financial Group, the parent company of adviser network Financial Ltd, in a bid to grow the size and reach of its advisory business.

Major shareholders, including Old Mutual's Richard Buxton have thrown their weight behind Aviva's £5.6bn takeover bid of Friends Life, saying the deal would strengthen both sides.

Adviser support services firm SimplyBiz has appointed a corporate adviser to explore its options for selling a stake in the business.