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Advice consolidators now more willing to do deals with DB firms

IFAs with pension transfer permissions need to be more โ€˜proactiveโ€™ with acquirers about legacy cases The defined benefit (DB) pension transfer market has made the financial advice industry evolve dramatically over the last few years. It has also impacted the M&A market in wealth management, as consolidators have previously tended to steer away from business with DB legacy cases and permissions. But this may not be the case anymore. Joshua Lee, senior broker at M&A consultancy firm Gunner & ...
Candy Sutherland David Edwards Louise Jeffreys Joshua Lee Gunner Co Telos Solutions

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