Editor's view: Exits and change afoot

The editor's Friday Night Takeaway from 6 September

Jen Frost
clock • 1 min read

PA’s top read stories centred on big business changes this week, for better or for worse.

Sussex-based investment and wealth management firm Facet Investment Management recently became the latest advice firm to fall into administration, as reported on Wednesday (4 September).   Presently, it seems there is no end in sight to regular firm failures and exits. The once mighty Tenet Group called in administrators in June. The following month, Donre Advisory, an Islington-based investment adviser that had FCA restrictions placed on it, entered liquidation. Other advice and related businesses that have bid goodbye this year include West Yorkshire's WR Simon Ashley Silver, PH7...

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