Axa considers selling Bluefin Advisory Services

Laura Miller
clock

Axa has said it is considering a sell-off of the advice business it owns, Bluefin Advisory Services.

In an a statement at the weekend in response to speculation about a sale of Bluefin, Axa said it has received "a number of expressions of interest" for the business. The life company has appointed Fenchurch Advisory Partners to advise on the strategic options for the future of Bluefin Advisory Services. Fenchurch will consider the prospects for the continued growth of the business under its existing ownership structure, as well as assessing and testing whether Bluefin would be better positioned under new ownership, Axa said. Bluefin Insurance Group, the general insurance broking bu...

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 Investment

Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Targeted at sustainable, forward-thinking finance professionals

Professional Adviser
clock 10 May 2024 • 1 min read
Defaqto: 'No appropriate and compliant way to compare MPS portfolios'

Defaqto: 'No appropriate and compliant way to compare MPS portfolios'

Tech firm to debut a performance comparator tracking solutions’ data

Hope Coumbe
clock 09 May 2024 • 1 min read
Assessing investment decisions made in the heat of the moment

Assessing investment decisions made in the heat of the moment

'Investors were panicking, thinking no one would ever go outside again'

Chris Justham
clock 08 May 2024 • 2 min read