Telos Corporation (NASDAQ:NASDAQ:TLS) Q1 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Christina Mouzavires – Investor Relations John Wood – Chairman and Chief.
IFAs with pension transfer permissions need to be more ‘proactive’ with acquirers about legacy cases
The defined benefit (DB) pension transfer market has made the financial advice industry evolve dramatically over the last few years.
It has also impacted the M&A market in wealth management, as consolidators have previously tended to steer away from business with DB legacy cases and permissions.
But this may not be the case anymore.
Joshua Lee, senior broker at M&A consultancy firm Gunner & Co, said at the firm’s recent webinar
‘selling an advice business with DB Transfer exposure’: If this was the conversation we were having a year or two years ago, we would be talking about a blanket more often than not.