Axa UK focuses on wealth management
Axa UK, a subsidiary of France-based Axa, has said that its planned £2.75bn ($4.12bn) sale of its UK-based traditional life and pensions businesses, its independent financial adviser (IFA) protection and corporate pension business, plus its annuity businesses to UK-listed Resolution “does not call into question the Axa Group’s continuing long-term commitment to the UK market going forward”.