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Succession acquires Maze Wealth in £1.2m deal

Succession has acquired Beckenham-based advice firm Maze Wealth for £1.2m, a week after securing £25m in new funding. Maze became a member of the consolidator in 2013 and now has £40m of funds under management. Last week, Succession secured £25m to fund further acquisitions. The latest deal is the sixth completed so far this year. […]

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MPs to demand Phillip Green pays £600m into BHS pension scheme

MPs holding an inquiry into the collapse of retailer BHS are set to ask former owner Sir Phillip Green to pay up to £600m to help close the pension scheme deficit. According to the FT, Work and Pensions committee chair Frank Field said MPs would “laugh” if Green offered to pay anything less. Field estimates […]

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AJ Bell: Osborne could return to pension tax relief in emergency Budget

George Osborne may use a Brexit vote as an excuse to push through controversial changes to pensions tax relief, AJ Bell is warning. This morning the Chancellor said he would hold an emergency Budget if the UK votes to leave the EU. He told the BBC a snap Budget would “have to increase taxes and […]

Intelliflo reveals investment partners for robo-advice service

Intelliflo has announced the six fund groups it will include in its new robo-advice service, which will launch this month. The software provider announced last year it was planning to launch a robo-advice service, using the Intelligent Office Personal Finance Portal, initially through six advice firms for investment and protection products. Architas, Legal and General […]

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