FACTOID # 71: 72% of people in Mali earn less than $1 per day.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
WHAT'S NEW
RECENT ARTICLES
More Recent Articles »
 

FACTS & STATISTICS    Simple view

  1. Select countries to view: (hold down Control key and click to select several)

     

     

    Compare:

     

     

  1. Select fact or statistic: (* = graphable)

     

     

     

  2. (OPTIONAL) Compare to statistic: (both need to be graphable)

     

     

     

  3. View result as:

     

       
(OR) SEARCH ALL encyclopedia, stats & forums:   

Encyclopedia > Friends Provident
Friends Provident plc
Type Public (LSE: FP.)
Founded 1832
Headquarters London, England
Key people Adrian Montague (Chairman), Philip Moore, (Group Chief Executive)
Products Insurance, Inheritance tax products, Investment Management Pensions
Revenue £5,158 million (2006)
Operating income £491 million (2006)
Net income £421 million (2006)
Website www.friendsprovident.com

Friends Provident plc (LSE: FP.) manages a life assurance business mainly based in the United Kingdom and with offices throughout the world. Image File history File links Friendsprov. ... This article does not cite any references or sources. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... Year 1832 (MDCCCXXXII) was a leap year starting on Sunday (link will display the full calendar) of the Gregorian Calendar (or a leap year starting on Friday of the 12-day slower Julian calendar). ... This article is about the capital of England and the United Kingdom. ... Motto (French) God and my right Anthem No official anthem - the United Kingdom anthem God Save the Queen is commonly used England() – on the European continent() – in the United Kingdom() Capital (and largest city) London (de facto) Official languages English (de facto)1 Unified  -  by Athelstan 927 AD  Area  -  Total... Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. ... The examples and perspective in this article or section may not represent a worldwide view. ... Investment management is the professional management of various securities (shares, bonds etc) assets (e. ... A pension (also known as superannuation) is a retirement plan intended to provide a person with a secure income for life. ... For the tax agency in the United Kingdom of the same name, see HM Revenue and Customs. ... “GBP” redirects here. ... For the Manfred Mann album, see 2006 (album). ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... “GBP” redirects here. ... For the Manfred Mann album, see 2006 (album). ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... “GBP” redirects here. ... For the Manfred Mann album, see 2006 (album). ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... The Source by Greyworld, in the new LSE building Paternoster Square. ... It has been suggested that this article or section be merged into Life insurance. ...


Friends Provident is a financial services group[citation needed] and a member of the FTSE100 Index. With a history dating back to 1832, Friends Provident has three core businesses:


The UK Life and Pensions business markets a range of life protection, income protection, pensions and investment products for individual customers and corporate clients throughout the UK.


The International Life and Pensions business operates throughout Europe, Asia, and the Middle East, and incorporates the Luxemburg based company Lombard International who specialise in providing life assurance based estate planning solutions. [1]


The Asset Management business - F&C Asset Management plc - manages funds of some £107bn (as at 30 June 2006) and markets a range of investment products both to personal and institutional customers. [2]


History

Friends Provident has been in operation since 1832. From its creation and until 2001, Friends Provident was a mutual society. Its status as a mutual society was affirmed by the Friends Provident Act of Parliament. In July 2001 it went through a process or demutualisation and has been a member of the FTSE 100 Index ever since. The Company was founded in Bradford by Quakers to provide life assurance for their members. The office was originally located above a sweet shop. The head office is now located at 100 Wood Street in London. The registered office is at Pixham End, Dorking in Surrey. It is a member of the Association of British Insurers and is regulated by the Financial Services Authority. Year 1832 (MDCCCXXXII) was a leap year starting on Sunday (link will display the full calendar) of the Gregorian Calendar (or a leap year starting on Friday of the 12-day slower Julian calendar). ... Look up Mutual in Wiktionary, the free dictionary. ... Type Bicameral Houses House of Commons House of Lords Speaker of the House of Commons The Right Honourable Michael Martin MP Lord Speaker Hélène Hayman, Baroness Hayman, PC Members 1377 (646 Commons, 731 Peers) Political groups (as of May 5, 2005 elections) Labour Party Conservative Party Liberal Democrats... The term demutualization (or demutualisation) describes the process by which mutual organizations or companies (mutuals) convert themselves to for-profit (or profit-making) public companies which distribute profits to their shareholders in the form of dividends. ... The FTSE 100 Index (pronounced footsie) is a share index of the 100 most highly capitalized companies listed on the London Stock Exchange, begun on January 3, 1984. ... The larger City of Bradford Metropolitan District includes other settlements in the surrounding area. ... -1... This article is about the capital of England and the United Kingdom. ... Dorking is a market town at the foot of the North Downs approximately 25 miles south of London, in Surrey in England. ... The Financial Services Authority (FSA) is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. ...


Friends Provident prides itself on its ethical stance[citation needed]. It was the first investment house to offer a fully ethical investment fund called Stewardship.[citation needed] Ethics is a general term for what is often described as the science (study) of morality. In philosophy, ethical behavior is that which is good or right. ... Funds financial information A collective investment scheme is a way of investing money with a large number of people to participate in a wider range of investments that may not be feasible for an individual investor hence many investors share the costs of doing so. ...


Friends Provident has signed a three year deal to sponsor the domestic one-day cricket competition, The Friends Provident Trophy. Bowler Shaun Pollock bowls to batsman Michael Hussey. ... The Friends Provident Trophy is a one day cricket competition in the United Kingdom. ...


Friends Provident sponsored Southampton F.C. and help finance the building of St Mary's Stadium, until 2006. Southampton Football Club is a professional English football team, nicknamed The Saints and based in the city of Southampton. ... St Marys Stadium is the home stadium of Southampton F.C.. The Saints have been in residence since August 2001 when they moved from the The Dell, which for the final years of its life, held just over 15,000 spectators - less than half the size of the new... For the Manfred Mann album, see 2006 (album). ...


Friends Provident has large offices in a number of locations including Manchester, Clyst St. Mary in Exeter, Preston and Dorking, and is the second largest employer in Salisbury. There are also a few smaller area offices such as those in Sale, Greater Manchester and Preston. Manchester shown within England Coordinates: , Sovereign state United Kingdom Constituent country England Region North West England Ceremonial county Greater Manchester Admin HQ Manchester City Centre Founded 13th Century City Status 1853 Government  - Type Metropolitan borough, City  - Governing body Manchester City Council Area  - Borough & City 115. ... Clyst St Mary is a small village and Civil Parish on the main Exeter to Exmouth road in East Devon. ... The city of Exeter is the county town of Devon, in the southwest of England, also known as the West Country. ... Preston is a city and local government district in Lancashire, England and is located on the River Ribble. ... Dorking is a market town at the foot of the North Downs approximately 25 miles south of London, in Surrey in England. ... Salisbury (IPA: , or — moving from RP to local dialect) is a cathedral city in Wiltshire, England. ... Sale is a town in the Metropolitan Borough of Trafford in Greater Manchester, England. ... Preston is a city and local government district in Lancashire, England and is located on the River Ribble. ...


Internationally Friends Provident has offices in Luxembourg, Hong Kong, Singapore and Dubai Coordinates: , Emirate Dubai Government  - Sheikh Mohammed bin Rashid Al Maktoum Area [1]  - Metro 4,114 km² (1,588. ...


Members of the Friends Provident Group

  • Friends Provident Life and Pension Limited - Provides life, pension and investment services within the UK
  • Friends Provident Life Assurance Limited - Provides life and investment services worldwide under English and Guernsey law.
  • Friends Provident International Limited - Formerly Royal and Sun Alliance International but was taken over in 2003. Provides life and investment services worldwide and operates under the law of the Isle of Man.
  • F&C Asset Management plc - Provides asset management services for retail and institutional investors including investment management of "in-house" Friends Provident life and pension funds.
  • Lombard International Insurance S.A. - Acquired in 2005, providers of high-end Investment and life cover. Inventors and developers of the privatbancassurance concept. Lombard is based in Luxembourg and deals globally.

Friends Provident have merged with and taken over many insurers including: United Kingdom Provident, National Mutual of Australasia, and London and Manchester Assurance. The latter was split into two and half was sold on to Royal Liver Assurance. English law is a formal term of art that describes the law for the time being in force in England and Wales. ... Lady Justice or Justitia is a personification of the moral force that underlies the legal system (particularly in Western art). ... Investment management is the professional management of various securities (shares, bonds etc) assets (e. ... It has been suggested that this article or section be merged into Bancassurance. ... Royal Liver Assurance is a multi-billion pound operation, with over 1 million members in the Ireland and the UK. Liverpool Burial Society was founded by a group of working men from Liverpool in the Lyver Inn on 24 July 1850 to provide for the decent interment of deceased members...


External links


  Results from FactBites:
 
Friends Provident reports robust Q3 sales (349 words)
LONDON - UK life insurer Friends Provident today announced a 40 percent increase in third-quarter life insurance and pensions sales in the UK spurred on the April reforms in the country.
Friends Provident, which is the UK's fifth-biggest insurer, said that the income from new business was 1.60 billion pounds in the third quarter, beating expectations of 1.46 billion pounds forecast by analysts.
Friends Provident also said that UK new business increased 34 percent to £3.04 billion compared with £2.27 billion reported at the same time last year.
CNN.com - Friends Provident makes flat market debut - Jul. 9, 2001 (433 words)
Demand for Friends Provident shares were close to three times oversubscribed by institutional investors, such as fund managers and pension funds, the company said. 
Friends Provident raised about £1.4 billion to fund its business.
Terms under which this service is provided to you.
  More results at FactBites »


 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments
Please enter the 5-letter protection code

Want to know more?
Search encyclopedia, statistics and forums:

 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms.