Investment trust Caledonia Investments has sold its majority stake in investment manager, platform and SIPP provider 7IM for £255m.

Discretionary fund manager 7IM has launched what it describes as a “pioneering” Retirement Income Solution (RIS) on its platform.

Discretionary fund manager and SIPP provider 7IM has added an Adventurous Plus model to its Blended Model Portfolio Service (MPS) range.

Sky News is reporting that wealth manager and Financial Planner Brooks Macdonald is plotting a £300m bid for fund manager 7IM.

Fund manager and SIPP provider 7IM has launched a range of multi-asset funds which it says will offer advisers low-cost and highly diversified passive investments.

Investment platform and SIPP provider 7IM has acquired London-based Financial Planning firm Partners Wealth Management.

Seven Investment Management (7IM) has become a pension provider this week by launching its own Self Invested Personal Pension (SIPP) with no annual fee on accounts above £75,000.