View more on these topics

Rowan Dartington buys Stafford House Investments

Rowan Dartington has bought a 70 per cent stake in IFA business Stafford House Investments to complement its core wealth management business.

The firm, run by chief executive Jeremy Wake, operates on a fee-only basis. It will offer advice on pensions, post-retirement, tax planning and regular and single premium investments to Rowan Dartington clients.

Rowan Dartington refused to disclose how much it paid for the majority stake in the firm. The remaining 30 per cent is owned by “key staff”.

Rowan Dartington will continue to offer clients its discretionary management service Signature alongside SHI.

Chief executive Graham Coxell says: “We became increasingly aware that our clients wanted a more comprehensive financial advice service to complement our existing stockbroking and fund management expertise.

“The acquisition of Stafford House Investments means that we are able to offer a much broader range of advice to our clients, across all aspects of personal financial planning and investments.”

Wake says: “The overarching approach to offering financial solutions, whereby Rowan Dartington manages funds while Stafford House Investments offers professional advice, will help ensure that our clients’ investments are being made to work harder than ever, helping to maximise returns.”



PFS gets VAT clarity on ongoing reviews and DFM referrals

The Personal Finance Society has clarified when ongoing reviews will be subject to VAT and that referrals to a discretionary fund management service are taxable following extensive talks with HM Revenue & Customs. The PFS has published its latest Professional Direction paper on VAT and adviser charging ahead of an RDR conference today where the […]


NAPF ‘uneasy’ about pension for property proposal

The National Association of Pension Funds says it is “uneasy” about Government plans to allow people to use their pension pot as a guarantee to help their children raise a deposit to buy their first home. The Department for Work and Pensions and the Treasury are working through plans to allow parents and grandparents to […]

Ageas acquires Groupama Insurance Company

Ageas has acquired Groupama Insurance Company Limited for £116m. GICL offers a range of car, motorcycle, home, travel, personal accident and commercial insurance in the UK. It reported a post-tax profit of £25.9m in 2011. The deal excludes Groupama’s UK broking operations and is subject to regulatory approval. It is expected to complete before the […]

Connect Mortgage Club launches website

Connect Mortgage Club has launched its new website which allows non-regulated advisers to transact buy-to-let, commercial and bridging business.


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