True Potential sets out £1bn valuation case
National advice firm True Potential is targeting a valuation of £1 billion as it touts bidders for its sale process, New Model Adviser® has learned.By Jack Gilbert - 17 October 2018, 08:17
Smith beats Woodford with record £822m Smithson IPO
(Update) Terry Smith has raised a record £822.5 million for his new Smithson investment trust, beating the previous peak for an investment company flotation, or initial public offer (IPO), set by Neil Woodford’s Patient Capital trust three years ago.
UK missing out on £20bn of unclaimed pension pots
The UK has £20 billion in unclaimed pensions, research from the independent PPI has revealed, adding pressure on the government to act over the pensions dashboard.
Wednesday Papers: Uber targets $100bn valuation in IPO
And UK is set to seek longer transition to make free-trade deal.
Overnight Markets: Wall Street surges on upbeat earnings
Technology led the gains with a 2.6% rise, while healthcare rose 2.5%.
Lloyds & Schroders to form advice goliath on back of £80bn mandate
Lloyds and Schroders have confirmed a ‘strategic partnership’ which will see them form a new financial planning joint venture and Schroders handed a £80 billion investment mandate.
Tax Dr: Pension health check prescribed to retiring NHS workers
Jack and Jane are advised to crystallise their savings to protect their lump sums from hefty tax charges
The Top 100 2018: see the first 25 firms on this year's list
The New Model Adviser® Top 100 is back! See the first 25 firms on the list.
Buttercase: how I used life planning to battle depression
Steve Buttercase opens up about his battle with depression, while urging advisers to play their part in tackling the mental health epidemic.
FTSE drops below 7,000 as sell-off reignites
Growth stocks again bear brunt of stock market sell-off, with shares in investment trusts among some of worst hit.