BUSINESS FOR SALE BRIEFING NOTE

FinancialPage Limited – in Administration
Opportunity / An opportunity exists to purchase the trade of Financial Page Limited – in Administration, a company which provided independent financial advice to clients.
All interested parties will be required to sign a non disclosure agreement and specifically deal with Landwood Group.
Overview / The Business has a database of 1,126 clients, with assets under management of over £42million from which recurring fees of £142k are currently being generated. The clients’ assets are Self Invested Personal Pensions invested in AIGO Funds. Guinness Mahon are the pension scheme trustees.
Background / The FCA has prevented any further investment in the AIGO Fund. Complaints have been received by the Company, three of which to date have been referred to the Financial Ombudsman. Initial and continued complaints are centred around the lack of information following the transfer of funds from original pension policies into the AIGO Fund. Consequently the Director of the Company concluded that it was unable to continue to trade. All of these complaints and any subsequent claims will be dealt with by the ongoing Administration.
Key strengths / The Business benefits from:
  • A client base of 1,126 clients
  • Clients currently yielding recurring fee income of £142k per annum

Opportunities for buyer /
  • Secure an existing income stream from existing clients of up to £142k per annum for providing ongoing advice
  • Secure an ongoing income stream from those clients for which the Company does not currently have a recurring fee arrangement
  • Generate additional fees from the client base through selling new products and services

Deadline for Offers / All offers should be sent to Richard Parkin at Landwood by 4pm onFriday 19th August 2016.
All offers should be supported by proof of funding and no late offers will be accepted.
A purchaser must be able to complete immediately.

Richard Parkin

T: 0113403 2010

To find out more about The Landwood Group and other business available for sale visit

Disclaimer: The purpose of this document is to assist the recipient in deciding whether to investigate the possibility of acquiring the business/business and assets. It is not intended to form the basis of an acquisition decision. The recipient must make their own independent assessment of the business, rely on their own investigations and should obtain independent advice. The information in this document has not been verified by Landwood, who do not give, nor have any authority to give, any representation or warranty (express or implied) as to its accuracy or completeness. In the event the sale is via an insolvency process, the Joint Administrative Receiver/Administrator act as agents of the Company without personal liability. If you no longer wish to receive information from Landwood in relation to business for sale and any other marketing information, would like to amend your contact details or know of any other person or entity who would like to receive this information, please email.