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IFG Group, the parent company of SIPP provider James Hay Partnership, has ended takeover talks with private equity firm Bregal Capital.
A takeover deal for James Hay Partnership has moved a step closer after the company invited two interested parties to carry out due diligence on the SIPP provider.
IFG Group, the parent company of SIPP provider James Hay Partnership, has been approached with an acquisition offer.
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James Hay will release two SIPPS in Q1 next year to meet the needs of both sophisticated clients and those with more basic requirements.
The James Hay Wrap will be separated from the SIPP business and sold, following the acquisition of James Hay by IFG Group.
CITY LAWYERS say it will be “almost impossible” to challenge any decision from the Financial Ombudsman, according to this morning’s Times, following a key ruling in the High Court against an IFA firm.
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