Resolution readies 'self-managed' exit from Friends in 2014

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Resolution is preparing a "self-managed" exit from Friends Life in 2014 that would see the company split between a fit for purpose life company and a closed life fund consolidator.

In an update today, the acquisition vehicle founded by entrepreneur Clive Cowdery said it remains its intention to look for exit options involving mergers and acquisitions for its so-called UK Life...

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