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The Morning Briefing: A tough takeover; Richards' review

The Morning Briefing: A tough takeover; Richards’ review
By
Justin Cash
14
th April 2021
7:46 am
Good morning and welcome to your Morning Briefing for Wednesday, 14 April, 2021. To get this in your inbox every morning click here.
A Tough Takeover
No merger is without casualties. James Hay’s proposed acquisition of Nucleus is no different.
Documents published yesterday confirms that job cuts could be in the works once the pair come together. As ever, it’s not put in as blunt terms as that; corporate papers enjoy couching it as plans to “address issues of duplication” and look at where “operational efficiencies might be achieved”, for example. ....

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Job cuts loom for Nucleus and James Hay staff

13
th April 2021
9:05 pm
Job cuts could be made across James Hay and Nucleus when the two platforms come together as a combined group.
While talent will be “harnessed” from both firms, the group will “address issues of duplication” of roles to “maximise efficiency”, according to takeover documents released today.
Nucleus chairman Angus Samuels said the company’s board would “naturally regret” any job losses affecting Nucleus’ existing employees.
But he stressed if the axe does fall it would “encompass all employees of the combined group”, once James Hay completes its acquisition of Nucleus.
James Hay was due to publish the offer document for its proposed takeover of Nucleus on 9 April, but pushed this timetable back after the £145m deal was switched from a ‘scheme of arrangement’ transaction to a formal takeover offer. ....

James Hay , Angus Samuels , James Hay Group , Richard Rowney , ஜேம்ஸ் வைக்கோல் , அங்குஸ் சாமுவேல்ஸ் , ஜேம்ஸ் வைக்கோல் குழு ,

The Morning Briefing: VI visions and growth goals

The Morning Briefing: VI visions and growth goals
moneymarketing.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneymarketing.co.uk Daily Mail and Mail on Sunday newspapers.

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The Morning Briefing: Novia tribunal victory; Govt challenged on private pension age hike

9
th April 2021
9:10 am
Good morning and welcome to your Morning Briefing for Friday, 9 April, 2021. To get this in your inbox every morning click here.
Testing employee relations at Novia
Relationships between employers and their staff are key to success in business. A good place to see what happens if they collapse is the Employment Tribunals decision list.
We spotted one recently where a former Novia employee has been ordered to pay £6,540 to cover legal costs incurred by the platform after an employment tribunal threw out claims of unfair dismissal.
Sarah Fisher, former implementation executive at Novia Financial, was criticised by an employment judge for failing to engage with the process. A further disability discrimination claim was also struck out. ....

United Kingdom , Shamik Dhar , Sarah Fisher , James Hay , Equity Release Council , Morning Briefing , Employment Tribunals , Novia Financial , Investment Management , ஒன்றுபட்டது கிஂக்டம் , ஷாமிக் தார் , சாரா மீனவர் , ஜேம்ஸ் வைக்கோல் , பங்கு வெளியீடு சபை , காலை மாநாடு , வேலைவாய்ப்பு தீர்ப்பாயங்கள் , நோவியா நிதி , முதலீடு மேலாண்மை ,

2020 – a year like no other

2020 – a year like no other
professionaladviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from professionaladviser.com Daily Mail and Mail on Sunday newspapers.

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