Friends Life: Difference between revisions
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#REDIRECT [[Friends Life Group]] |
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{{Infobox company| |
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company_name = Friends Life | |
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company_logo = [[Image:FP logo online header (1).gif]] | |
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company_type = [[Subsidiary]] | |
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foundation = 1810 | |
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location = [[London]], [[UK]] | |
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key_people = Andy Briggs, (Group Chief Executive)| |
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num_employees = Around 6,000 worldwide| |
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owner = [[Resolution Limited|Resolution]] | |
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industry = Financial Services | |
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products = [[Insurance]], [[Inheritance tax]] products, [[Investment Management]], [[Pensions]]| |
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homepage = [http://www.friendslife.com/ www.friendslife.com] |
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}} |
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'''Friends Life''' is a [[life assurance]] company formed in 2011, comprising the merged UK operations of [[Friends Provident]] and the life assurance businesses acquired from [[Bupa]] and [[AXA]] UK. The new company began trading in March 2011 with over 5 million customers worldwide.<ref>[http://www.ftadviser.com/FinancialAdviser/Advisers/News/article/20110317/0c988966-497c-11e0-88d3-00144f2af8e8/Resolution-puts-nal-touches-to-its-Friends-Life-joint-brand.jsp Resolution puts final touches to its Friends Life joint brand]</ref> |
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The head office is located at One New Change [[London]] EC4M 9EF. The registered office is at [[Pixham|Pixham End]], Dorking in Surrey. It is a member of the [[Association of British Insurers]] and is regulated by the [[Financial Services Authority]]. It was listed (as Friends Provident plc) on the [[London Stock Exchange]] and a constituent of the [[FTSE 100 Index]] until being acquired by buyout firm [[Resolution Limited|Resolution]] in November 2009. |
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==Operations== |
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Friends Life operates from eight countries around the world including: United Kingdom, Germany, Luxembourg, Dubai, Singapore, Hong Kong, Kuala Lumpur (AmLife) and the Isle of Man. The group manages funds of £111 billion (as at 31 December 2011) on behalf of its customers. Friends Life is the 5th largest Life and Pensions company ranked by UK market capitalisation.<ref>[http://www.ft.com/cms/s/0/4d3c9a0a-3a06-11e0-a441-00144feabdc0,s01=1.html#axzz1HvuFyeBo UK life industry awaits Resolution] FT.com</ref> |
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Other companies within the Friends Life group include: Friends Provident International Limited, Sesame Bankhall Group, financial partners business AG (fpb AG) and Lombard International Assurance SA. Friends Life group also has a 30% stake in the Malaysian Life assurance company Amlife.{{Citation needed|date=March 2011}} |
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Friends Life were the title sponsors of the [[Friends Life t20]] [[cricket]] league organised by the [[England and Wales Cricket Board]], but have since chosen to discontinue this sponsorship into 2013<ref>http://www.ecb.co.uk/news/domestic/friends-life-t20/friends-life,319459,EN.html</ref>. |
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== References == |
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{{Reflist}} |
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{{Use dmy dates|date=March 2011}} |
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[[Category:Articles created via the Article Wizard]] |
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[[Category:Life insurance companies]] |
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Latest revision as of 20:43, 3 October 2014
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