• 28 April 2016

    AXA to sell its offshore investment bonds business in UK to Life Company Consolidation Group

    AXA announced today it has entered into an agreement with Life Company Consolidation Group to sell its offshore investment bonds business based in the Isle of Man (‘AXA Wealth International’).

    Completion of the transaction is subject to customary closing conditions, including the receipt of regulatory approvals, and is expected to complete in the second half of this year.

    The business continues to operate as usual and you need take no action at this time. We will update you on any progress as soon as we can.

    If you have particular questions relating to this announcement, please speak to your usual AXA Wealth contact or send an email.