20 November 2019
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Embark Group chief executive Phil Smith (pictured) said: "This acquisition is perfectly aligned to our growth strategy."
Embark Group has agreed to acquire Zurich's Investment and Retail Platform business and its Investment Management business for an undisclosed fee.
The transaction will bring around £11bn assets under administration and an advised book of close to 130,000 clients to Embark. The firm said it would also add an extensive distribution capability with...
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