Wealth manager Oakglen Wealth is to acquire East Anglia-based Aurea Financial Planning for an undisclosed sum.

Whilst the Budget may appear to have been less dramatic than feared by financial advisers, others said that the package of measures could prove harmful for their clients.

Jersey-based investment manager Oakglen Wealth, part of global investment group Oakglen, has acquired Financial Planning firm Homebuyer Financial Services Limited, for an undisclosed amount.