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The Morning Briefing: Big buys and complaints rise


26
th May 2021
8:46 am
Good morning and welcome to your Morning Briefing for Wednesday 26 May, 2021. To get this in your inbox every morning click here.
Big buys 
Mattioli Woods is looking to bag its biggest buys yet with the proposed acquisitions of Maven Capital Partners and the holding company of Ludlow Wealth Management Group.
The firm intends to raise £110m to go towards the deals and others in the pipeline.
Deals have certainly been coming thick and fast of late for the asset management firm and there could be plenty more on the cards this year.
Complaints rise
The Financial Ombudsman Service (FOS) already has a backlog of complaints to get through but things could get a whole lot worse before they get better, particularly for complaints about investments and pensions. ....

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James Hay seeks fast FCA approval for Nucleus deal


26
th May 2021
7:07 am
James Hay hopes to “expedite” the regulatory approval process for its takeover of rival platform Nucleus.
The Financial Conduct Authority has confirmed it is reviewing the application for the change in control after James Hay submitted the forms on 1 April this year.
The review is expected to complete “on or around” 18 August. The FCA assigned a case officer on 7 May to check the application contained the relevant information.
James Hay has extended the date by which its offer to take over Nucleus becomes unconditional until 23 August 2021, for a swift transition if regulatory approval is granted.
The date may be extended further should the FCA decide to “stop the clock” to seek more information and ask additional questions. ....

James Hay , Financial Conduct Authority , Nucleus Shares , ஜேம்ஸ் வைக்கோல் , நிதி நடத்தை அதிகாரம் ,

PARTNERS celebrates 15 years of building hope for Humboldt


Directors were honoured with a gift.
Deborah Bryson-Sarauer, the current board Secretary, was the one that took that call fifteen years ago along with four other members of the community to get PARTNERS for Rural Family Support off the ground.
“I felt really helpless for the woman who called me because we didn’t have services in Humboldt for her.”
Bryson-Sarauer started talking to people about what they would do in situations like that. All of them said they wouldn’t know what to do.
From finding the problem came finding solutions, says Bryson-Sarauer.
“People wanted to help but they didn’t know how.” ....

Christy Waldner , Tracey Mitchell , Monique Pulvermacher , Elaine Loehr , Don Froehlich , Elaine Zimmer , Corie Hetzel , Larry Courchene , Mike Selinger , Gereen Shumacher , Tracy Moellenbeck , Audrey Hopfner , Corrinne Arnold , Andre Kruger , Sheila Moorman , James Folster , James Hay , Sandy Burgess , Carol Hauschil , Gloria Malinoski , Debra Nyczai , Leona Jonas Flasko , Miriam Spenrath , Kevin Bauer , Brenda Curtis , Paul Kneeshaw ,