Palatine sponsors Wealth at Work
UK firm Palatine Private Equity has sponsored the secondary management buyout of Wealth at Work, a financial education and employee wealth management company owned by LDC.
- Published 21 October 2011 in Mid Market.
UK firm Palatine Private Equity has sponsored the secondary management buyout of Wealth at Work, a financial education and employee wealth management company owned by LDC.
The management team, led by chief executive David Cassidy, has provided equity alongside Palatine.
LDC, which invested in the business in 2009, has retained a stake in the business.
Gary Tipper, managing partner at Palatine, said: “Regulatory change and the need for employers to drive more employee engagement is driving demand for Wealth at Work services.”
Wealth at Work offers advice exclusively in the workplace and serves FTSE clients like British Telecom, BP and Marks & Spencer.
It provides advice on pension limits for high earners to share scheme diversification and redundancy to retirement planning.