Bar chart and Closed life consolidator: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson m (Spacing) |
imported>Doug Williamson m (Classify page.) |
||
Line 1: | Line 1: | ||
'' | ''Life assurance.'' | ||
A closed life consolidator is a life assurance firm that: | |||
*Specialises in life funds that are no longer open to new customers and | |||
*Seeks to achieve economies of scale through mergers and acquisitions. | |||
:<span style="color:#4B0082">'''''Phoenix becomes Europe's largest closed life consolidator'''''</span> | |||
:"Phoenix's reverse takeover of Standard Life Assurance Limited enabled the group to become Europe's largest closed life consolidator. | |||
:As a result of the deal the group now has more than £240bn of assets and 10.4 million policyholders." | |||
:''The Treasurer magazine, Deals Edition 2019, p26.'' | |||
== See also == | == See also == | ||
* [[ | * [[Assurance]] | ||
* [[ | * [[Consolidator]] | ||
* [[Life assurance]] | |||
* [[Life fund]] | |||
* [[Insurance]] | |||
* [[Reverse takeover]] | |||
[[Category:The_business_context]] |
Latest revision as of 22:15, 17 February 2019
Life assurance.
A closed life consolidator is a life assurance firm that:
- Specialises in life funds that are no longer open to new customers and
- Seeks to achieve economies of scale through mergers and acquisitions.
- Phoenix becomes Europe's largest closed life consolidator
- "Phoenix's reverse takeover of Standard Life Assurance Limited enabled the group to become Europe's largest closed life consolidator.
- As a result of the deal the group now has more than £240bn of assets and 10.4 million policyholders."
- The Treasurer magazine, Deals Edition 2019, p26.