Friends Provident has not ruled out putting itself up for sale following a strategic review.
It follows reports over the weekend Sir Adrian Montague, the executive chairman who leads the review with finance director Jim Smart, may put the whole business on the market.
A spokeswoman for Friends Provident tells IFAonline: “They’re ruling nothing in and nothing out. It’s far too early to make any assumptions about what they will be doing.”
The review, due in January, follows the collapse of the £8.4bn Resolution merger. The collapse led to group chief executive Philip Moore resigning last month.
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