Become a Professional Pensions member

Friends Provident and Resolution agree merger terms

Nyree Stewart

25 July 2007 •

FRIENDS PROVIDENT and Resolution have agreed the terms of their merger which will see the creation of new life company worth £8.6bn.

Following the merger the combined firm will be known as Friends Financial – and will have just under 10 million customers; a combined embedded value of £7.9bn; assets under management of £165bn and...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
Receive important and breaking news stories via our two daily news alerts
Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

Already a Professional Pensions
member?

Round up - July 24

F&C poised to launch UK equities 130/30 fund

More on Investment

Investment

Partner Insight: Volatility, what volatility?

Looking back over the year, 2025 was a strong one for asset-backed securities (ABS) – along with a whole host of other assets. In the ABS market, we typically see spreads move in line with other markets, which have seen tightening throughout the year as demand continues to remain robust. And we see no sign of this demand slowing.

Jeremy Deacon, Head of ABS and Leveraged Finance at Royal London Asset Management

24 December 2025 • 6 min read