consolidation

Michael Moore (Life & Pensions) has become the latest business to join consolidator Succession Advisory Services.

The international private medical insurance (IPMI) market will see growth in 2011 but with consolidation and increasing demand for add on products and benefits, ALC Health has predicted.

Perspective Financial Group has made its 20th acquisition with the purchase of Leedham Independent Financial Advisers.

Perspective Financial Group has acquired Equilibrium Wealth Management, bringing its total number of acquisitions to 19.

Succession has hit out at firms purchasing IFA businesses merely to increase funds under management, warning advisers themselves are hugely undervalued in the current climate.

Succession Advisory Services will consolidate about a quarter of its 30 member firms ahead of schedule after investment boutique Spearpoint acquired a majority stake in the business.

IFA consolidator Succession Advisory Services has received FSA authorisation to arrange investment deals, though not to give advice.

Schroders head of UK equities Richard Buxton has called on providers to cull the number of "indifferent" products currently offered to the retail market in a bid to weed out consistent underperformers.

With up to a quarter of IFAs expected to leave the industry in the run-up to RDR, Maria Merricks finds out how advisers looking to sell their firms can attract buyers.

Brett Davidson, chief executive of FP Advance, looks at how small adviser firms can create scaleable businesses.