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Liverpool Victoria Life Company Limited, then known as Permanent Insurance, was purchased from Equitable Life for £150 million in 2001. [ 28 ] It was announced in December 2014 that Liverpool Victoria would be acquiring the business of Teachers Assurance , subject to the approval of the latter's members.
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Resolution Life Group Holdings Ltd, which is registered in Bermuda, is the holding company for several global insurance brands, including AMP Life. [ 9 ] [ 10 ] In 2019, investors in the holding company included JPMorgan Chase , KKR , Nippon Life Insurance Company , Temasek Holdings and a Middle Eastern sovereign wealth fund.
The Pensions and Lifetime Savings Association represents 1,300 pension funds which together provide pensions for 22 million people and have more than £1000 billion of assets. [2] Members' pension schemes include defined benefit, defined contribution, group personal pensions and statutory schemes such as those in local government.
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Of course, it was not the only society growing by acquisition and the Britannia was still ranked around number seven in the industry. The growth continued unabated and by1982 the number of members exceeded one million. In that year alone there were four acquisitions and 18 branches were opened, taking the total to 221.
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