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STM profits down amid extended takeover talks
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SIPP provider STM has reported half year, pre-tax profit down by £400,000 as negotiations over a takeover bid for the group are extended again.
Nucleus completes £242m Curtis Banks acquisition
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Nucleus Financial Platforms has completed its £242m acquisition of SIPP and SSAS provider Curtis Banks to create a retirement-focused adviser platform with approximately £80bn AUM.
Milton Keynes adviser firm fails with pension claims
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Former Milton Keynes financial adviser firm Mike Norris Financial Services (FRN 542126) has been declared as failed by the Financial Services Compensation Scheme.
Advisers fear pension death tax changes
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Only one in 10 financial advisers support the government’s proposed changes to the tax rules surrounding pension death benefits.
Mattioli business acquires £53m AUM adviser firm
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Ludlow Wealth Management, a subsidiary of wealth manager and SIPP provider Mattioli Woods, has acquired Blackpool-based Opus Wealth Management Limited in a deal potentially worth more than £1.4m.