Slaughter and May is advising M&G PLC on its acquisition of Ascentric

Slaughter and May is advising M&G PLC (M&G) on its proposed acquisition from Royal London Group of Ascentric, a digital wrap and wealth management platform for UK independent financial advisers, for an undisclosed sum.

The acquisition will bring £14 billion of assets under administration to M&G, as well as relationships with more than 1,500 advisory firms acting on behalf of over 90,000 individual customers.

The deal is subject to regulatory approval.

Slaughter and May has been working closely with the M&G team, Riaan De Bruuyn (Head of Corporate Strategy & Development), Jennifer Owens (Deputy General Counsel) and Anna Ispas (Senior Lawyer).

Harry Bacon Partner
Roland Turnill Senior Partner
Financial Regulation
Jan Putnis Partner
David Shone Partner
Mike Lane Partner
Jamshed Bilimoria Associate
Matthew Harman Associate
Pensions, Employment and Incentives
Daniel Schaffer Partner
David Rintoul Senior Counsel
Chris Sharpe Partner