Friends Provident

I had to laugh the other day when I caught the end of a film from the late 1980s - big hair and even bigger mobile phones. As time has passed, the size of mobile phones has decreased at the same rate as their sophistication has grown. At what point did...

Uncertainty surrounding the UK housing market will see Friends Provident take longer to achieve its 2008 UK new business targets.

Friends Provident has recorded a 7% jump in new UK life and pensions profits in the first six months this year, up to £95m.

Continued withdrawals of client money are behind a near £3bn fall in assets under management in the last six months, F&C says.

Pearl Group has increased its stake in Resolution to 16.47% from 15.8% previously.

Momentum is gathering against the proposed Resolution and Friends Provident merger.

Falls by Friends Provident, Cadburys Schweppes and Antofagasta forced the FTSE lower for the fourth day running.

Scottish Provident will retain its brand name following the proposed Resolution and Friends Provident merger .

IFAs should feel confident about the Friends Provident and Resolution merger, Friends Prov life and pensions chief executive Ben Gunn says.

F&C and Resolution Asset Management (RAM) will combine on terms agreed by the new joint venture Friends Financial Group and F&C.