Pinsent Masons advises Royal London on sale of Ascentric

04 Jun 2020 | 02:22 pm |

Pinsent Masons has advised Royal London on the sale of its platform business, Ascentric, to M&G plc.

Ascentric is a leading digital wrap and wealth management platform for advisers with assets under administration of £14 billion, around 1,500 adviser relationships and over 90,000 underlying customers. It has been part of Royal London since 2007.

The Pinsent Masons' team acting on the transaction was led by Hannah Brader (Corporate Partner), Emma Dawe (Corporate Senior Associate) and Helen Siviter (Corporate Solicitor) and included Angus McFadyen and Praveeta Thayalan (TMT), Tobin Ashby and Matt Saward (Wealth), Alice Bell (Financial Regulation), Jon Fisher (Employment) and Jamie Robson and Rachel McConnell (Tax).

Commenting on the deal Hannah Brader said:

"We are delighted to have worked with Royal London to successfully deliver this strategic disposal, conducted almost entirely during lockdown. This transaction reinforces our position as a leading firm in the wealth sector where we have advised on a number of the most significant recent transactions in the UK platform market, including advising Zurich on the sale of its UK Retail Wealth platform to Embark which completed in May.”

Latest press releases

Show me all press releases

Pinsent Masons appoints employment partner in Aberdeen

Multinational law firm Pinsent Masons has hired Gillian Harrington to join the firm’s Aberdeen office as employment partner from 6 May.

Pinsent Masons bolsters UK corporate practice with hire of expert healthcare and higher education partner

Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.

Pinsent Masons advises Balbec Capital on its first European public securitisation

Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons bolsters UK corporate practice with hire of expert healthcare and higher education partner

Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.

Pinsent Masons advises Balbec Capital on its first European public securitisation

Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.

Pinsent Masons expands pensions team with partner hire

Multinational law firm Pinsent Masons has appointed pensions partner Anna Taylor, to join the firm’s Finance and Projects team in London.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.