Investment Week understands United Assurance may bid for Britannia Life, the life company arm of ...
Investment Week understands United Assurance may bid for Britannia Life, the life company arm of Britannia Building Society in a deal that would include Britannia Asset Management, writes James Thorneley. Such a deal would give United additional life and pensions distribution, but the strength of Britannia Asset Management would provide it with access to the IFA market. It would also allow United to grow its presence as a third-party fund manager because while it has good investment performance it lacks credibility for historical reasons, particularly among the pensions investment consult...
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