M&G plc has received regulatory approval for its acquisition of independent financial adviser Sandringham Financial Partners.
Huddersfield-based Sandringham is a fast-growing provider of independent financial advice in the UK. It has over 180 IFA partners and advises on assets of more than £2.5 billion for over 10,000 clients.
The deal allows Sandringham to retain its brand and sit within M&G’s wealth division alongside M&G wealth’s existing advice, platform and investment businesses.