Risky business: How DBTs and PII affect selling your IFA firm

A really important but often overlooked part of selling your advice business is working out what happens to the risk attached to the advice you gave before the sale.

If a complaint lands after completion, are you still liable? Could historic DB transfers put buyers off? And how do you stop an old advice claim eating into your sale proceeds?

This webinar is for IFA and financial planning business owners who want to understand how historic advice liabilities, PII and DB transfer exposure can affect a sale, and what they can do to prepare before going to market.

Simon Bourke will be joined by Alex Canham of Herrington Carmichael, Dorian from Thistle and a fourth panellist to be confirmed, bringing together M&A, legal and insurance perspectives.

You will leave knowing:

• How historic DB transfers can affect your ability to sell and the kind of deal you'll achieve

• What you can do before going to market to reduce your firm's risk

• What buyers will investigate during due diligence, and what happens if they find a problem

• How PII, run-off cover and indemnities work in a sale

• Who is responsible for client complaints after you sell

• How long your past advice risk can follow you after completion