Royal London to sell Ascentric to M&G

27 May 2020

Royal London has announced the sale of its platform business, Ascentric, to M&G, subject to regulatory approval. The sale of the wrap and wealth management platform  follows the completion of Ascentric’s re-platforming in 2019 and the conclusion of a comprehensive strategic review led by Royal London chief executive, Barry O’Dwyer. Ascentric has assets under...