M&G to acquire Sandringham Financial Partners.

M&G, a savings and investments business, agreed to acquire Sandringham Financial Partners, a provider of independent financial advice. Financial terms were not disclosed. “This deal strengthens M&G Wealth’s position in the UK savings and investment market, complementing our existing network of advisers and many clients and direct customers with a well-established national Independent Financial Adviser business. Sandringham will accelerate our ability to grow and build our advisory capability across the UK and to provide a wider range of investment solutions to more clients," John Foley, M&G CEO.