Friends Provident and Resolution have agreed terms for an £8.6bn all share merger to become the Friends Financial Group, just two days after announcing a possible deal.
RESOLUTION AND FRIENDS Provident, the UK insurers that are working on an £8bn merger of equals, are bracing themselves for a private equity buyer to try to break up their agreed deal, The Times reports.
The proposed £8.3bn merger of Resolution and Friends Provident has led to a frenzy of speculation on the motivation behind the deal.
Resolution and Friends Provident are in "advanced discussions" over a possible £8.3bn merger.
Friends Provident has taken what it calls a "small step" towards rebuilding consumer confidence in critical illness after announcing it will pay a proportion of a claim even if non-disclosure has been identified.
I came over all nostalgic last month when the Sinclair ZX Spectrum celebrated its 25th anniversary.
Friends Provident has expanded its intermediary arm after acquiring the Sesame Group and Pantheon Financial.
Around 70% of advisers believe clients will have to learn to accept higher levels of risk when planning for retirement, claims Lincoln Financial Group.
Income protection should be one of the first protection products considered as part of financial planning for people below retirement age. This is a comment I'm sure you've read before and I have no doubt you'll read again.
Quoting the protection gap figure somehow reminds me of old films. The shock and awe shown on the faces of the characters when they are told the value of whatever the sought after treasure actually is can be almost comical, largely because it's often...