Friends Provident

Friends Provident has teamed up with the Life Academy to offer its group pension members access to a personal finance education site.

STANDARD Life's top executives could receive a total of almost 2.8m shares, after the company's cash-based incentive scheme was converted to share-based awards, reports the Scotsman.

Providers have hit back at claims many intermediaries are not considering pension term assurance (PTA) as an option for their clients.

Friends Provident will launch its wrap platform in June 2007 but will only roll it out initially to its "strategic partner" distribution links building wrap panels.

Friends Provident is planning to enter the wrap market within the next 12 months and is using one of the big names in Australia to build its technology.

More pensioners are turning to a 'new breed of IFA' to plan for both their future and those of their children, claims Friends Provident.

Keith Satchell has announced he is retiring after almost ten years as group chief executive of Friends Provident.

Friends Provident is considering re-entering the group life market by the end of the year, according to its head of protection marketing Ian Jefferies.

One fifth of the population believe they can survive on a retirement fund of less than £50,000, equivalent to £44.24 a week.

An increase in the state retirement age could cause a significant rise in group income protection premiums and may result in changes to scheme design and the level of protection employers can justify, according to several industry experts.