Resolution swings to £200m profit as it eyes 2011 deal

Scott Sinclair
clock

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.

The group said in a statement it hopes to announce a new deal in the middle of 2011 following the acquisition of Friends Provident and, in a deal worth £2.75bn, Axa UK's life assurance business ear...

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: Do not assume insurer buyout is ideal endgame

TPR: Do not assume insurer buyout is ideal endgame

Ben Gunnee says new endgame models are making trustees look again at objectives

Holly Roach
clock 22 June 2026 • 2 min read
Rising Star Awards 2026: Entries close on Thursday

Rising Star Awards 2026: Entries close on Thursday

Individuals and organisations nominated have until the end of 25 June to complete their entries

Professional Pensions
clock 22 June 2026 • 1 min read
Buzz: Should Torsten Bell remain as pensions minister under a new government?

Buzz: Should Torsten Bell remain as pensions minister under a new government?

Pensions minister, Andy Burnham premiership and pensions World Cup

Professional Pensions
clock 22 June 2026 • 1 min read
Trustpilot