Consolidation
‘Don’t judge us on industry rumours’ – IFA consolidator
Advice firm consolidators looking to make further acquisitions could be out of luck if a survey published by platform Nucleus is taken at face value.
Canada Life UK sells £2.7bn book to Scottish Friendly
Consolidators continue to snap up legacy books of business with Canada Life UK announcing the sale of 155,000 longstanding policies to Scottish Friendly.
European Wealth’s ambitious US acquisition collapses
Guernsey-based European Wealth Group’s acquisition of US broker Newbridge has been “mutually” called off.
Is there a new life policy consolidator on the block?
Companies struggling to cover long-term life policy payments could soon have another buyer in the market, following reports that British pensions specialist Clive Cowdery is setting up a fund to do just that.
Phoenix Group on growing and consolidating its brood
Having bought Axa Wealth and Abbey Life in 2016, Phoenix Life chief executive Andy Moss tells International Adviser about the group’s consolidation history and how it brings all of its new business on board.