M&G creates £28bn wealth management arm after Ascentric deal

David Montgomery named MD

clock
David Montgomery will become MD of M&G Wealth Management
Image:

David Montgomery will become MD of M&G Wealth Management

M&G is to combine several of its businesses into a new £28bn wealth management division.

M&G Wealth Management will comprise Ascentric - the platform business it acquired earlier in September from Royal London - along with its direct funds arm and two financial advice units, Prudential Financial...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Companies