Sanlam UK

Sanlam UK made £10m from the sale of its stake in advice network Intrinsic to Old Mutual Wealth.

Sanlam Private Wealth has hired Distribution Technology's Rob McDonnell as head of business development.

Wealth manager Sanlam UK has bought a 20% stake in the Caerus network alongside the firm's entire asset management business.

Sanlam Private Investments Wealth Management, the financial planning arm of Sanlam Private Investments (SPI), recorded a loss of more than £340,000 for 2013, its financial results show.

Sanlam Private Wealth has acquired the client bank of two more financial planning companies as part of its drive to increase its presence in the UK.

Online wrap Nucleus has hired Stuart Geard, one of the group's non-executive directors and currently finance director at Sanlam UK, as its managing director.

The advisory arm of Sanlam UK has said it will move from a national to a 300-adviser network over the next five years.

Financial services group Sanlam UK has acquired financial planning business English Mutual for an undisclosed sum.

Sanlam Private Wealth (SPW) has acquired the client bank of Twickenham-based IFA Camilleri & Associates.

Sanlam UK has inked a deal with Statehouse Financial Management which will see the Wiltshire-based firm adopt Sanlam's hybrid advice model.