View more on these topics

Lighthouse buys Carrwood Barker for 3.3m

Lighthouse has announced the acquisition of Carrwood Barker, an IFA and sipp administration group for 3.3m.
The firm is based in Manchester and Milton Keynes and is made up of 40 advisers based in chartered accountants throughout the UK.
Lighthouse has also announced plans to raise around 3m in new ordinary shares from institutional and other investors, to fund the acquisition.
A shareholder circular will be posted today, including notice of an Extraordinary General Meeting to be held at the end of November.
Lighthouse chairman David Hickey says: Carrwood Barker has an excellent market position, through its business relationships with a significant number of firms of chartered accountants through the UK.


Door closing on double-digit property returns, says M&G

M&G is introducing its first retail property fund although it warns that returns from the asset class are likely to drop back below double digits in the next few years. The M&G property portfolio is already close to being fully invested, with 400m of existing properties moving across from parent group Prudential. It will be […]

Govt bill aiming to rein in cowboy claim firms

The Government’s Compen-sation Bill has set out its plans to regulate claim manage- ment companies, with a maximum of two years’ imprisonment for those working out- side regulation. Constitutional affairs secretary Lord Falconer says the bill will stop unscrupulous companies exploiting the public, making it an offence for firms to provide claim serv- ices if […]

S&W widens Nucleus fund reach

Smith & Williamson will be marketing its Nucleus American trust, Nucleus global investment fund and Nucleus fixed-interest trust to a wider investment base, including fund of fund managers, from the new year

Rise of the machines

Head of Sustainable Investing at Royal London Asset Management, Mike Fox, looks at the case for including artificial intelligence within a sustainable investment strategy. Read the article in full here The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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