Friends Prov calls off Pantheon sale

clock

Friends Provident will retain its full ownership of Pantheon Financial after failing to receive a "suitable" offer for the advisory business.

In a statement released this morning, Friends says it had a number of parties interested in Pantheon, but none at an acceptable value for shareholders. “Friends Provident has taken the decision to retain its 100% ownership...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Bespoke investment services see rising demand as advisers prepare for further growth

Bespoke investment services see rising demand as advisers prepare for further growth

As retirement concerns grow

Sahar Nazir
clock 06 June 2025 • 2 min read
'AI will do to financial services what the internet has done to retail'

'AI will do to financial services what the internet has done to retail'

Money Means founder Helena Wardle says

Sahar Nazir
clock 06 June 2025 • 2 min read
FIF25: Advisers 'apprehensive' about committing to lower-cost bases

FIF25: Advisers 'apprehensive' about committing to lower-cost bases

Clever IM’s George Cliff spoke at the Future of Investment Festival

Sahar Nazir
clock 04 June 2025 • 1 min read