Royal London takes 30% stake in Responsible Group
Mutual Royal London is seeking to grow its later life business with a 30 per cent stake in Responsible Group.
Source: moneymarketing.co.uk
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Royal London acquires 30% stake in later life specialist
Insurance giant believes equity release ‘will become a core part of financial planning’ UK life and pensions firm Royal London has bought a 30% stake in later life lending and product specialists Responsible Life and Responsible Lending (Responsible Group). This deal enables Royal London to participate in the market and support the Responsible Group to continue delivering later life solutions. It also strengthens the existing partnership between the two companies, which started in September 2020 with the launch of a jointly branded later life lending service. Royal London said: “The lat...
Source: international-adviser.com