Q&A

What happened to Friends Provident pensions?

What happened to Friends Provident pensions?

If you had a Friends Provident or London & Manchester life and savings plan taken out after 1 January 1999 or a Bonds, Pensions and Shares plan, taken out at any time, these were acquired by Friends Life which is now part of Aviva. You should contact them for more information.

Is Friends Life now Aviva?

Friends Life Group Limited was a Guernsey-incorporated investment vehicle which has the stated intent of forcing consolidation in the British life insurance industry. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. It was acquired by Aviva on 13 April 2015.

What happened to UK Provident?

Provident Financial is to close its doorstep lending business, 141 years after it was first started, in a move that will put 2,100 jobs at risk. The sub-prime lender will seek to either sell or wind down its consumer credit arm. Provident lost £114m overall during the year, after making profits of £119m in 2019.

Where can I Find my Friends Provident pension plan?

To take your search further, there are other sources you can use that are ready and willing to help. The Pensions Advisory Service can help trace personal pension plans. The Pension Tracing Service can help you find workplace pension plans. My plan was from a number of years ago – will you still have my details? Absolutely.

Is there a Friends Provident in the UK?

Looking for Friends Provident? Friends Provident has rebranded to Royal London. If that name doesn’t ring any bells, we’re the largest mutual life, pensions and investment company in the UK. If you had (or think you had) a policy with Friends Provident and you’d like to find out more, we’re here to help.

When to consider Friends Provident International ( FPI ) Premier advance?

Those penalties in the first 12 months are extremely high effectively wiping out any money saved in that time. When considering a Friends Provident International (FPI) Premier Advance then ensure you fully understand the local taxation position and weigh any benefits against its lack of flexibility, access and charges which are often not explained.

Who is the parent company of Friends Provident?

Both FPI and the parent company Aviva group are the worst kind of financial cowboys. Stay away from Friends provident and Aviva. Horrible Service. Horrible Returns