Zurich has divested its 25% shareholding in Openwork, meaning the UK's largest financial advice network is now majority-owned by the Openwork Partnership LLP, which represents member firms.
The culmination of a strategy set out by Zurich when it created Openwork in 2005 will see the latter's employees retain a minority shareholding through an employee benefit trust. Openwork chief executive...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions