Embark to acquire Zurich Retail Investment Platform and Investment Services

Undisclosed fee

Embark Group chief executive Phil Smith (pictured) said: "This acquisition is perfectly aligned to our growth strategy."
Embark Group chief executive Phil Smith (pictured) said: "This acquisition is perfectly aligned to our growth strategy."
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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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