Embark Group: 'Zurich purchase was opportunistic - we have no plans to acquire anything else'

Following Zurich acquisition

Sophie King
"This [acquisition] was a very opportunistic thing" - Embark Group's Phil Smith

"This [acquisition] was a very opportunistic thing" - Embark Group's Phil Smith

Embark Group has claimed it has no plans to acquire more books of business or firms following its latest acquisition deal with Zurich, chief executive Phil Smith told Professional Adviser.

On Wednesday morning (20 November), Embark Group revealed it was set to acquire Zurich's Retail Investment Platform and Investment Management business, subject to regulatory approval, for an undisc...

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