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Is Shell/BG merger a catalyst event or natural market evolution?

The £47bn merger of Royal Dutch Shell with BG Group could be one of the biggest of the past 10 years, with the resulting company having a value of more than £200bn.  If the deal goes through, the combined company would be worth 9 per cent of the FTSE 100 and around 7.5 per cent of […]

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Towergate Financial rebrands as Wren Sterling

Towergate Financial has rebranded to Wren Sterling following a management buyout. The new name will cover Towergate’s 110-strong adviser business. Mortgage broker John Charcol is expected to retain its existing identity. Palatine Private Equity completed a £14m deal in support of last month’s management buyout, backing Towergate Financial chief executive Warren Page to lead the […]

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FSCS appoints former Deloitte partner as non-exec director

The Financial Services Compensation Scheme has appointed former Deloitte partner Mark Adams as a non-executive director. Adams will join the FSCS in June. He replaces Phil Wallace who has served two terms on the board. Adams is a chartered accountant and insolvency practitioner, and has previously been an adviser to the Bank of England. FSCS […]

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Sesame members warned over authorisation delays

Sesame members are being urged to take immediate action rather than wait for further details of the firm’s new network partner, as experts warn they could face delays in becoming directly authorised. Last week, Sesame Bankhall Group announced it would no longer operate as a network for investment advisers as part of a major overhaul of […]

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