True Potential sets out £1bn valuation case
National advice firm True Potential is targeting a valuation of £1 billion as it touts bidders for its sale process, New Model Adviser® has learned.By Jack Gilbert - 17 October 2018, 08:17
Smith beats Woodford with record £822m Smithson IPO
(Update) Terry Smith has raised a record £822.5 million for his new Smithson investment trust, beating the previous peak for an investment company flotation, or initial public offer (IPO), set by Neil Woodford’s Patient Capital trust three years ago.
UK missing out on £20bn of unclaimed pension pots
The UK has £20 billion in unclaimed pensions, research from the independent PPI has revealed, adding pressure on the government to act over the pensions dashboard.
Wednesday Papers: Uber targets $100bn valuation in IPO
And UK is set to seek longer transition to make free-trade deal.
Overnight Markets: Wall Street surges on upbeat earnings
Technology led the gains with a 2.6% rise, while healthcare rose 2.5%.
Brexit impasse weighs on pound as miners knock FTSE
China fears knock miners while pound drops as summit of EU leaders ends without Brexit breakthrough.
Back from the dead: why collective pensions could now happen
The idea of collective defined contribution pensions has been around for a while now. But they have slipped in and out of relevance as a generation of politicians dilly-dallies around pressing pension questions.
Newell Palmer seals 51st deal with local IFA acquisition
Wolverhampton-based Newell Palmer has gained 100 clients through its acquisition of Sense Wealth Management.
Fundhammer! Star stock Games Workshop blasts back
Last year's best performing stock in the FTSE All-Share slumps 8% and has lost around a quarter of its value since the end of last month.
MPs reject FOS's review plans as 'box ticking' exercise
The Financial Ombudsman Service (FOS) has been rebuffed by MPs, who have strongly criticised the complaint handlers’ plans for a review of past cases.