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Axa completes purchase of SBJ Group

Axa Advisory Holdings has announced that its offer to purchase SBJ Group has successfully completed following acceptance by over 90 per cent of the shareholders of the group.

The offer is now unconditional in all respects but will remain open for additional acceptances until further notice.

The deal has also received FSA approval, allowing Axa to take formal control of the group.

Axa chief executive Nicolas Moreau says: “I am delighted that our acquisition of SBJ Group has been successful. This marks a significant step in our strategy to build a leading advisory services and broking business in the UK. The addition of SBJ strengthens our position in the market and represents an exciting opportunity for SBJ and AXA.”


The bad old fund days

I may have mentioned this before but in my spare time I am a vintage scooter fanatic. So are quite a few readers of this column. Indeed, one of my best mates in scootering is the former principal of a large IFA firm that flourished in the late 1980s before expiring some time around the formation of the old Personal Investment Authority.

Pension strategy

I am 30, earn £35,000 a year and want to start paying into a pension. What would you recommend? I am renting and have no meaningful savings.

Platform usage to increase in 2008, says Skandia poll

Platform usage over the next 12 months is set to increase as investment advisers turn increasingly to platforms to help them service their clients, according to a survey by Skandia.It shows over half of advisers say they expect an increase in the use of platforms for conducting new business in the next 12 months. Only […]

Responsibility Matters

The latest update from the Sustainable Investments Team at Royal London Asset Management, Responsibility Matters, is now available. In this edition the team look at issues such as the growing acceptance of sustainable investing and technology in China. Read the update here: The value of investments and the income from them is not guaranteed and […]


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