10 Facts About Friends Provident

1.

Friends Provident began writing pensions business in 1934 and this became large enough to form a group life and pensions department in 1937.

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2.

In 1954, Friends' Provident bought 43 acres outside Dorking in 1954 and a new headquarters was opened in 1958.

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3.

Company; now known as Friends' Provident Life, was a life-only mutual company.

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4.

In July 2007, Friends Provident announced an agreed “merger of equals” with insurer Resolution plc but this collapsed in November as a result of shareholder opposition.

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5.

Friends Provident was the first investment house in the UK to offer a fully ethical investment fund called the Stewardship fund.

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6.

Friends Provident had large offices in a number of locations including Manchester, Clyst St Mary in Exeter and Dorking, and was the second largest employer in Salisbury.

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7.

Internationally Friends Provident had offices in Luxembourg, Hong Kong, Singapore and Dubai.

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8.

In 2009 the England and Wales Cricket Board announced that Friends Provident would be the title sponsor for the new Twenty20 competition, the Friends Provident T20.

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9.

In 2007 Friends Provident signed a three-year deal to sponsor the domestic one-day cricket competition, The Friends Provident Trophy.

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10.

Friends Provident were the main sponsor of Southampton F C from 1999 to 2006 and sponsored the St Mary's Stadium, from its construction in 2001 until 2006.

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