Resolution eyes £2.75bn AXA deal

Katrina Lloyd
clock

Resolution Group, the consolidation vehicle which bought Friends Provident last year, is in talks to buy AXA UK's annuity, protection and group pensions business for £2.75bn.

It is understood the group, led by entrepreneur Clive Cowdery, is speaking to investors about a huge rights issue to fund the deal which it hopes to wrap up in the next fortnight. If the transac...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

TPR updates admin guidance in bid to safeguard benefits and build trust

TPR updates admin guidance in bid to safeguard benefits and build trust

Regulator says administration is ‘fundamental’ to good saver outcomes

Holly Roach
clock 09 December 2025 • 6 min read
Buzz: Should AE contributions be increased to a 12% minimum?

Buzz: Should AE contributions be increased to a 12% minimum?

AE minimum contributions, Stagecoach deal, buyout barriers

Professional Pensions
clock 09 December 2025 • 1 min read
Smart Pension completes consolidation of Options Workplace Pension Trust

Smart Pension completes consolidation of Options Workplace Pension Trust

Asset transfer takes Smart Pension AUM to more than £9.3bn

Holly Roach
clock 09 December 2025 • 1 min read
Trustpilot