View more on these topics

DBS shares soar on takeover talks

Shares in DBS management soared 31.5 per cent after it made a statement about talks which could led to an offer being made for the company. The announcement followed exclusive revelations in Money Marketing yesterday that DBS is in talks with Bankhall parent Lynx to acquire the IFA network.

The Money Marketing revelations are believed to be what prompted DBS Management to register on the London Stock Exchange takeover panel disclosure table for being in takeover or merger talks with another company.

Recommended

Outside Edge: Robert Reid

Those avid readers of Money Mail may have noticed this week&#39s main article which focused on the Financial Planning Certificate and the problems of competency involving some 1,000 advisers from a direct salesforce. When they first approached me for my views on FPC, I tried to explain the rationale behind the level at which the […]

DBS buy set to make Bankhall the biggest IFA

Bankhall parent company Lynx is in advanced talks to buy DBS Financial Management along with its Assureweb online portal in a bid to grow its IFA operations. The acquisition by software and computer services firm Lynx would make Bankhall Investment Services the biggest player in the IFA services market, increasing its total of registered individuals […]

Inter-Alliance buys the Pru&#39s salesforce

National IFA Inter-Alliance has bought Prudential&#39s direct salesforce and part of its customer base comprising 70,000 clients. The move by Inter-Alliance to offer new roles to Pru consultants and managers foll-ows weeks of discussions after the decision to axe the salesforce of 1,400 on February 13. Inter-Alliance estimates about 1,000 of the staff will accept […]

Swayed by the winds of change

The IFA investment industry gathered in an unusually gloomy Madrid last week for the second annual Sway investment conference. Over 100 of the UK&#39s leading investment advisers arrived on Wednesday afternoon in what is billed as Europe&#39s sunniest capital only to be disappointed to find it had been sunnier at home. Not that the weather […]

Sierra Leone cover image - thumbnail

White paper — Sierra Leone International Insights

Jelf Employee Benefits assesses the areas that employers should be aware of when considering operating in Sierra Leone, including healthcare access, delivery and insurance provisions. This report draws on various sources to highlight specific considerations for this emerging jewel in West Africa.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com