Ian Howe steps down
Exiting advisers on the hunt for buyers for their firms are being warned to beware tempting deals which could have hidden pitfalls.
Paradigm Group is in talks with Honister Capital to acquire the IFA network.
Former IFP president Barry Horner has sounded the alarm bell on non-regulated financial planning, saying it could herald a return to a ‘Wild West' mindset of making "easy money".
Fee-based adviser Paradigm Norton is launching an hourly-charged financial planning service for people who are in the process of building wealth but have yet to accumulate any real assets.
Australian investment banking giant Macquarie has taken a near 20% stake in fee-based IFA Paradigm Norton Financial Planning as it continues its bid to extend its UK reach.