Axa

Resolution has finalised its deal to buy Axa's UK life businesses as part of its ongoing acquisition programme, which is likely to continue until the middle of next year.

Buyout vehicle Resolution will continue to target further life company acquisitions after posting pre-tax profits of £203m in the first half of the year.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top five most popular stories on www.globalpensions.com over the past seven days (6 August - 13 August).

AXA Investment Managers (AXA IM) has appointed Mercer chief investment officer Tim Gardener as global head of consultant relations.

GLOBAL - Axa Investment Managers (Axa IM) has appointed Mercer CIO Tim Gardener as global head of consultant relations.

Morgan Stanley and UBS have joined the Life & Longevity Markets Association.

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.

UK - 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 (US$4bn).

Concerns over public sector pensions were ignored during the three party leader debates ahead of the election, Axa says.

US - Axa SA's private-equity unit agreed to buy $1.9bn of investments in private-equity funds from Bank of America Corp. as the buyout industry emerges from the worst recession in 70 years.