Aviva has completed the £385m acquisition deal for Succession Wealth.
Aviva said the deal, first announced in March, boosts the provider's presence in the UK wealth market and expands its advice capabilities for its 6 million pension and savings customers without an existing adviser. Aviva said it expected "double-digit" returns on its investment over the medium term through accelerated growth. Succession Wealth has about 200 planners advising on £9.5bn of assets, delivering advice to 19,000 clients throughout the UK. Aviva said it had a proven track record of consolidating advice firms and delivering improved client outcomes and better support...
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