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Intelliflo sold to Invesco

Adviser back-office provider Intelliflo has been bought by Invesco in a deal Money Marketing understands to be worth £200m. The firm behind the popular Intelligent Office software system, used by around a third of UK advisers, has been backed by private equity company HgCapital since 2013, and since then has been investing in integration projects […]

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FCA looks to soften Mifid II fallout

The FCA is reviewing Mifid II following criticisms that millions of savers are being provided with misleading or false information, The Financial Times reports. Speaking at the FCA’s asset management conference in London on Tuesday, chief executive Andrew Bailey said introducing some aspects of Mifid II had “not gone as we hoped it would and […]

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