Wealth adviser Towry has completed a £47.3m refinancing package with lenders Macquarie and Royal Bank of Scotland, in order to streamline the business ahead of a possible IPO.
Retail banks are the most likely driver of consolidation in the platform market, according to a leading back-office provider.
Advisers should consider the ownership of a platform when doing their due diligence as foreign-owned platforms are historically more likely to pull out of the market, according to Ascentric managing director Hugo Thorman.
Policies often cover the breadwinner, but should we be selling more protection to cover events affecting other family members? Greg Becker looks at the Australian answer
Zurich set out its ambition to challenge the UK's major retail platforms after revealing its long-awaited proposition will come to market in Q4 this year.
RSM Tenon has appointed Macquarie wrap's former head of distribution John Porteous to head up its wealth platform proposition.
Adviser business transformation firm Veracity has completed a management buyout from Macquarie.
How do you ensure the platform you choose is not going to fail. Maria Merricks reports.
Media reports that JP Morgan bought $1.5bn of copper due to the imminent launch of its copper ETF are based on "speculation" as the trade is "three times the size" needed for the fund, Macquarie says.