Insurance giant Zurich is seeking a buyer for the sale of its adviser platform, Zurich Intermediary, for a price in excess of £50m.
Zurich is working with HSBC to sell the adviser platform, the Sunday Times reported this weekend. A spokesperson from Zurich told the paper: "We regularly work with third parties to review the make-up of our business to ensure it fits with our strategy, and that individual parts are best structured to serve their respective customers and our distribution partners. "We do not comment on the specifics of these reviews or speculation around them." Zurich said it remained "fully committed" to supporting financial advisers and their clients. Elsewhere, sources named Aegon, which bought...
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