Phoenix Group chief executive Clive Bannister is to leave the business and be replaced by ex-Aviva boss Andy Briggs next March.
Bannister has been with the company for nine years and oversaw several acquisitions, including the £2.9bn Standard Life Assurance deal in 2018. Phoenix also joined the FTSE100 in March. During his time...
Creation of chief commercial officer role
£800,000 annual fee income
Private equity-backed business
Northants and Cambs client base
First acquisition of 2021
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams