Prudential to drop Scottish Amicable brand

Professional Adviser
clock

Prudential is dropping the Scottish Amicable brand but IFAs have been assured they remain an integra...

Prudential is dropping the Scottish Amicable brand but IFAs have been assured they remain an integral part of Prudential's strategy going forward. The life assurer has also announced it is exiting the general insurance industry, selling that part of its business to Credit Suisse's insurance arm, Winterthur, for £353m in cash. Commenting on the new branding, Darragh Leeson spokesman for Scottish Amicable, explained: "The impact for distribution including the IFA channel is that the company will see a move from a product focus and separate business units to being one brand - Prudential. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •