Buying or selling an intermediary: Lessons from the front line part 2 – Tax

In the second of a three-part series on broker M&A, Mark Ellis and Tom Golding, both partners in PFK Littlejohn’s Tax team, identify some of the most common tax-related pitfalls that broker leadership teams should look out for during the acquisition process.

Merger and acquisition activity in the UK insurance intermediary sector remains buoyant, but the tougher economic environment means buyers are becoming more conservative than before. As a result, some deals are taking longer to complete and, in a few cases, transactions are even being shelved part way through the process. 

So how do you minimise the risk of your transaction getting derailed? 

Do your employees have shares in your business?

Management teams at many brokers offer shares or share

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options


Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: