Risk Company Update

TAL to sell Affinia

TAL is to sell its subsidiary, Affinia Financial Advisers, to CountPlus Limited. CountPlus was the best fit for the sale, according to TAL, after a thorough review.

TIP Group to buy Enva Group

Teaminvest Private Group (TIP) are to acquire financial advisory company Enva Group for up to $2.5 million. Enva has about $400 million in funds under advice (FUA). TIP will take a 100 per cent stake in Enva Australia Pty Ltd an Enva Holdings Pty Limited.