Declining to announce a specific date, the software supplier said the float would not occur ‘until equity markets have stabilised’ and the regulatory regime becomes clearer.
Misys claims that bundling its five IFA networks with the related technology businesses of its AssureWeb portal and IFA desktop software products range will keep transaction costs down and ensure choice as consumers demand certainty and clarity from the industry.
The group promises new recruitment, retention and retirement measures benefiting present and future network members, including a practice buy-out programme to assist IFAs on retirement.
Kevin Lomax, chairman, Misys plc, commented: ‘We now believe that the business is of a size and at a stage in its development where it would benefit from having an independent future.’
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.