TITLE

Friends set for impaired deal

AUTHOR(S)
Milner, Leah; Pow, Helen
PUB. DATE
August 2009
SOURCE
Money Marketing;8/27/2009, p32
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Great Britain-based Friends Provident PLC is set to reveal a tie-up with an impaired annuity provider. The company is in talks with Partnership Assurance over a referral deal. Chief executive officer Trevor Matthews of Friends says that following Resolution's takeover of the firm, another insurer with an annuity book will be a natural synergy. He emphasizes that the company needs to find a way to offer its customers alternative options for their annuity.
ACCESSION #
44316151

 

Related Articles

  • Matthews questions third way annuities.  // Corporate Adviser;Sep2008, p7 

    The article reports that Trevor Matthews, chief executive officer of Friends Provident PLC, has questioned the sustainability of so-called third way annuities in Great Britain. Matthews states that the sensitivity to fund charges may be stumbling block. He believes that variable annuities are...

  • ALL ABOUT TREVOR MATTHEWS.  // Corporate Adviser;Sep2008, p20 

    The article highlights achievements of chief executive officer Trevor Matthews of Friends Provident PLC in London, England. Matthews gained his master's degree of actuarial studies at Macquarie University in Sydney, New South Wales in 1978. He was a managing director of Legal & General Assurance...

  • Trevor Matthews. Milner, Leah // Money Marketing;8/27/2009, p15 

    The article discusses the sentiments of chief executive officer Trevor Matthews of Friends Provident PLC over the Resolution Group takeover in Great Britain. He says this move will bring exciting prospects for the company. He emphasizes that he and finance director Evelyn Bourke will have...

  • Friends chief says adviser numbers to stay resilient.  // Money Marketing;5/21/2009, p13 

    The article reports on the optimism of Trevor Matthew, chief executive officer (CEO) of life insurance provider Friends Provident PLC, that the number of Independent Financial Advisers (IFAs) will remain stable in Great Britain. Matthew perceived that the struggling market might discourage some...

  • A FRIEND INDEED. Greenwood, John // Corporate Adviser;Sep2008, p18 

    The article profiles Trevor Matthews as chief executive officer of Friends Provident PLC in London, England. Matthews revealed that the company is very serious about the corporate pensions market. He appreciates the concerns intermediaries have over placing business with providers who may not...

  • Friends Provident agrees to Resolution takeover, records higher 1H profit.  // MiddleEast Insurance Review;Sep2009, p14 

    The article reports on the accordance of Friends Provident PLC, a British financial services group, to the 3.06 billion U.S. dollar offer from buyout firm, Resolution Ltd. in 2009. It is noted that the deal was announced as Friends Provident PLC revealed the 38 million British pounds profit for...

  • More innovation in life products needed - FPI. Abbas, Ridwan // MiddleEast Insurance Review;Dec2010, p9 

    The article discusses the author's conversation with chief executive Trevor Matthews of Friends Provident PLC. Accordingly, Matthews reveals that investors can hedge downside risk through innovative and valuable protection from insurance. He adds that long-range products like variable annuities...

  • SUMMIT: Matthews slams "buy now" mentality.  // Corporate Adviser;Nov2010, p39 

    The article reports that the buy-now-while-stocks-last activity of pension providers was attacked by Friends Provident PLC's chief executive officer (CEO) Trevor Matthews which he regard as unhealthy for the industry.

  • Friends ready for a new third generation. Pow, Helen // Money Marketing;4/15/2010, p16 

    The article reports on views of Trevor Matthews, chief executive officer of Friends Provident PLC, on the potential of resolution to target a major annuity player for its next acquisition stating their plan to involved in innovation in the third-way market in Great Britain. He notes his...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics