Online registration now available for enhanced notification service

Online registration now available for enhanced notification service
Advisers can now quickly and easily sign up online to receive Friends Provident’s automated notification service, Event Manager. Over 225 intermediary firms have already subscribed to the service since its launch in May last year.
Friends Provident is the only provider to offer such a comprehensive automated notification service […]

It pays to go back to basics says Friends Provident

It pays to go back to basics says Friends Provident
The latest Online Seminar from Friends Provident proved a hit with advisers with 208 attending the live event and a further 50 advisers viewing the online seminar using the on demand facility after the event. The Seminar was hosted by Ed Stuart-Brown, head of protection […]

Friends Provident goes live with Options

Friends Provident goes live with Options
Friends Provident has today gone live with Options, the system that has been designed to speed up the payment of Open Market Option (OMO) transfer amounts to annuity providers.
Options has been developed by the UK’s leading pension and annuity providers and Origo, the e-commerce standards body, in conjunction with the […]

Friends Provident plc - Preliminary results for the year ended 31 December 2008 (unaudited) Strong capital position; good progress on strategy

Friends Provident plc - Preliminary results for the year ended 31 December 2008 (unaudited)
Strong capital position; good progress on strategy
Financial highlights
* Insurance Groups Directive (IGD) surplus remains strong, estimated at £0.85 billion at 31 December 2008 (31 December 2007: £1.3bn) and estimated at £0.8bn at the end of February 2009
[…]

Friends Provident plc Directorate Change

Friends Provident plc Directorate Change
Friends Provident plc announces today the retirement of Lady Judge, the deputy chairman, from the Board of Friends Provident plc, effective from 21 May 2009, the date of Friends Provident’s Annual General Meeting. Friends Provident also announces the appointment of Rodger Hughes to the Board as an independent non-executive director with […]

Thirtysomethings in the midst of a financial bottleneck yet contemplating career u-turn

Thirtysomethings in the midst of a financial bottleneck yet contemplating career u-turn
Early into their fourth decade, UK thirtysomethings experience a bottleneck of financial pressure - it’s the average age they get married, have their first child and climb onto the property ladder - yet this is also the time they believe is best to make […]

Long-term planning beats short-term perks

Long-term planning beats short-term perks
As the credit crunch bites, employers are being reminded that Britain values its benefits and that many employees are looking for long-term support ahead of short-term financial gain. Research released from Friends Provident found that one in five (20 per cent) British workers have turned down a job due to the […]

Friends Provident signs deal with Wipro Friends Provident announced today that it has signed a three-year contract for the provision of IT Application Development and Support services from Wipro Limited. The new contract will give Friends Provident greater flexibility and cost certainty through the use of an ‘outcome-based’, fixed price engagement model and is extendable at the option of Friends Provident for an additional two year period. The deal enables Friends Provident to procure discrete IT services in variable quantities over the term and will achieve estimated cost savings of up to £16.5 million over five years commencing in 2010. Andy Jackson, director of IT at Friends Provident said: “The new contract negotiated with Wipro gives Friends Provident more flexibility to manage resource levels while retaining control and making significant cost savings. Friends Provident remains committed to the service that it provides to its customers, clients and partners, and we are confident that this new arrangement will lead to overall service improvements.” Ajoy Menon, Global Head of Insurance Solutions at Wipro said: “Wipro have had a successful and mutually beneficial strategic partnership with Friends Provident for eight years spanning IT and Business Process Outsourcing. The new contract enables Wipro to offer increased value to Friends Provident in an outcome based engagement model through process excellence, higher offshore leverage, and greater accountability and ownership in delivering projects. Our partnership supports variable demand across IT and will enable Friends Provident to focus on their core value propositions and customer service excellence. Wipro estimate that if the contract is extended to 5 years, this will produce a revenue of £40 million over that period.”

Friends Provident signs deal with Wipro
Friends Provident announced today that it has signed a three-year contract for the provision of IT Application Development and Support services from Wipro Limited. The new contract will give Friends Provident greater flexibility and cost certainty through the use of an ‘outcome-based’, fixed price engagement model and is extendable […]

Advisers use free online toolkit 3,000 times in first year

Advisers use free online toolkit 3,000 times in first year
Around 250 advisers, who have submitted business through Friends Provident, are using free marketing support materials via an online tool on the provider’s website every month. The marketing toolkit ‘Markitect’, which was launched online in January 2008, contains a wide range of support materials that enable […]

Only 30 days left to top up your state pension at today’s prices

Only 30 days left to top up your state pension at today’s prices
Friends Provident is warning people that the clock is ticking and there are only 30 days left to buy back missing National Insurance (NI) contributions to top up their State pension before the Government hikes up the cost by 49% on 6 April. […]