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

Industry sustainability groups commit to closer collaboration

Industry sustainability groups commit to closer collaboration

TSWG and ICSWG say co-operation could lead to more ‘practical’ and ‘impactful’ action

Martin Richmond
clock 19 June 2026 • 2 min read
What Andy Burnham as prime minister could mean for pensions

What Andy Burnham as prime minister could mean for pensions

A new Labour leader would result in a cabinet reshuffle and a possible new pensions minister

Holly Roach
clock 19 June 2026 • 2 min read
Sackers launches ESG hub in response to 'complexity' of developments

Sackers launches ESG hub in response to 'complexity' of developments

Covers climate-related disclosures, stewardship, TNFD and ESG regulation

Holly Roach
clock 19 June 2026 • 1 min read
Trustpilot