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AFH Alan Hudson 700

AFH acquires national IFA in £4.1m deal

Consolidator AFH Financial Group has acquired a national IFA for up to £4.1m, its largest acquisition deal to date. AFH has acquired Stroud-based Independent Financial Services (U.K.) for an initial cash sum of £450,000, paid on completion of the deal yesterday. A further sum of up to £3.65m will be paid in three tranches over […]

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‘Almost criminal’: FCA urged to investigate unit-linked guarantees

Industry experts have branded unit-linked guarantees “almost criminal” and called on the FCA to investigate whether the products represent value for money. Unit-linked products, commonly known as guaranteed drawdown, have been touted by providers since the 2014 Budget as a way to offer both guaranteed income and flexibility. But Aviva head of pensions policy John […]

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