Link finally breaks through on UK sale
Major superannuation fund administration company, Link Group, has finally broken through towards completing the sale of its UK businesses.
The company announced to the Australian Securities Exchange (ASX) yesterday that its subsidiary Link Fund Solutions Limited had entered into sale agreements with entities within the Waystone Group.
The announcement said the transaction would see the sale of certain assets of Link Fund Manager Solutions (Ireland) Limited and the entire issued share capital of certain other subsidiaries of Link Group, which together with the business of LFSL and LFMS (I) comprise the FS Business other than its Luxembourg and Swiss entities.
The transaction has been valued at between 110 and 140 million pounds with a target completion date of October.
If there is a significant increase in the numbers of personal advice advisers converting to become to general advice advisers,…
You know what would have stopped the Shield & first guardian fiasco? ASIC actually doing their job and acting on…
Too much priority on E&S, not enough G...G should always come first.
Yep agree, the failures here were greed and useless ASIC. Not that hard. Even if AI was as good as…
Financial capability provided by schools??? I don’t think so.