RL360’s parent company, IFGL have announced the acquisition of Friends Provident International (FPI) from Aviva. The deal will bring the two international service providers together, opening up new markets for both, particularly in the Middle East and Asia.
IFGL Chief Executive Officer David Kneeshaw commented: “I am delighted that the acquisition has completed and we can now focus on our exciting plans for FPI and IFGL. I believe strongly the deal will benefit FPI’s policyholders, financial advisers and staff.
“While integrating FPI into IFGL will be a key priority over the coming months, our growth strategy remains unchanged. We will continue to look for opportunities to grow both organically and through further acquisition.
“We will be announcing our exciting plans for IFGL over the coming weeks.”
There are no changes at all for RL360 customers or financial advisers as a consequence of the acquisition and both brands will continue to operate and retain their head offices in the Isle of Man.
Learn more about RL360 here.