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The business was renamed Axa Sun Life Direct, and then Sun Life Direct in 2009. [28] Axa sold its main life assurance business to Resolution Group in 2010 [29] and continued to sell life insurance products through Sun Life Direct. Dean Lamble, formerly of Aviva, was appointed Managing Director. [30] He was named CEO in 2016. [31] Sun Life ...
Sun Life & Provincial Holdings plc was a large British insurance company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index . It was acquired by French insurance company Axa Group in 1996.
Sun Life Financial Inc. is a Canadian financial services company. It is primarily known as a life insurance company. Sun Life has a presence in investment management with over CAD$1.3 [4] trillion in assets under management operating in a number of countries. [5] Sun Life ranks number 235 on the Forbes Global 2000 list for 2022.
In 2005 he founded and became chief executive of Paternoster; a regulated insurance company that takes on the risks associated with companies’ final salary/defined benefit pension schemes. The company received backing of £500 million, led by Deutsche Bank. In 2009, Wood became the deputy chairman.
Axa took over The Equitable in 1991 [14] and bought Union des Assurances De Paris (UAP), France's largest insurer, in 1996 to become Axa-UAP. It reverted to the name Axa in 1999. [15] In February 1999, Axa acquired Guardian Royal Exchange. [16] In May 2000, it acquired all shares it did not already own in Sun Life & Provincial Holdings. [17]
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
In February 1999 it was acquired by Axa of France for $5.7bn and integrated into its Sun Life & Provincial Holdings division. [3] It was subsequently announced that the company would move out of the Royal Exchange Building. [4] The life assurance business was acquired by Aegon later that year. [5]
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.