Armchair Critic: What does the current burst of acquisitions mean for advice?

Expansion, not consolidation, key for advice sector

clock • 4 min read

Industry consolidators do not need extra attention from the regulator, argues Professional Adviser's Armchair Critic - they just need to remember who they are buying and why

Building up a business and selling it to make some capital is a well-trodden path in any market economy and it is very natural that some adviser practices would do just this. I have no sympathy with Royal London's call for the FCA to scrutinise the outcomes where a financial advisory practice is sold to a life group as with, say, Standard Life with its 1825 brand. While I have argued in this space that vertical integration carries risks for the consumer, I would say it is up to all parties involved within the business to ensure consumer value. Whatever you say about vertical integration,...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Professional Adviser's flagship conference PA360 returns for 2026

Professional Adviser's flagship conference PA360 returns for 2026

PA360: Actionable insights – Smarter Outcomes open for adviser registrations

Professional Adviser
clock 05 December 2025 • 1 min read
Feel Good Friday: One Four Nine Wealth hosts charity blood drive

Feel Good Friday: One Four Nine Wealth hosts charity blood drive

In support of the Scottish National Blood Transfusion Service

Professional Adviser
clock 05 December 2025 • 1 min read
Nici Audhlam-Gardiner: Wider basic advice adoption could shrink advice gap

Nici Audhlam-Gardiner: Wider basic advice adoption could shrink advice gap

'There is no need to reinvent the wheel here'

Nici Audhlam-Gardiner
clock 04 December 2025 • 4 min read