Clive Cowdery's insurance investment vehicle Resolution is expected to soon unveil plans for a further acquisition in the UK life space after Friends Provident reported a 13% drop in 2009 sales.
Friends Provident - Resolution's first purchase for £1.8bn last year - announced sales in 2009 were £873m compared to £1bn in 2008, measured on an APE basis. Sales in the fourth quarter amounte...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
