NatWest acquires majority shareholding in Cushon

Deal expected to provide increased financial resilience among commercial customers

Martin Richmond
clock • 1 min read
NatWest acquires majority shareholding in Cushon

The NatWest Group has reached an agreement to purchase an 85% majority shareholding of Cushon, subject to regulatory approval.

The agreement, which will see the Cushon management retain the remaining 15% of shares, is expected to provide savers with assistance to boost their saving habits and improve financial resilience. ...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

L&G passes through integration testing with PDP

L&G passes through integration testing with PDP

‘First major pension provider’ to successfully pass through integration

Holly Roach
clock 07 January 2025 • 1 min read
Broadstone partners with PE firm on strategic growth agreement

Broadstone partners with PE firm on strategic growth agreement

Consultancy signs strategic growth investment agreement with private equity firm

Jasmine Urquhart
clock 07 January 2025 • 1 min read
News Digest: Pension megafunds must not morph into 'oligopoly', major master trust warns

News Digest: Pension megafunds must not morph into 'oligopoly', major master trust warns

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 07 January 2025 • 1 min read
Trustpilot