JLT Ireland To Acquire Liberty Asset Management

January 26, 2015

On January 5, 2015, Jardine Lloyd Thompson Ireland Holdings Ltd announced that it had agreed to acquire Liberty Asset Management Limited, a specialist in providing advice to companies and trustee boards on employee benefit arrangements and individuals on wealth management solutions.


On January 5, 2015, Jardine Lloyd Thompson Ireland Holdings Ltd (“JLT Ireland”), a subsidiary of Jardine Lloyd Thompson Group plc, a provider of insurance, reinsurance and employee benefits related advice, announced that it had agreed to acquire Liberty Asset Management Limited (“Liberty”) from Friends First Life Assurance Group. JLT Ireland also acquired Freedom Trust Services Limited as part of this transaction.

Jardine Lloyd Thompson Group plc has over 5,000 clients with more than 4 million pension scheme members, and employs more than 9,500 employees. Liberty has 38 employees, and is qualified by the Central Bank of Ireland to act as a Qualifying Fund Manager for the administration of Approved Retirement Funds/Approved Minimum Retirement Funds business. 

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions