Friends Provident International
Founded in 1832, the Friends Provident Group manages £131 billion invested in many different international markets. The Group currently administers three million policies and accounts for customers worldwide. Friends Provident has a controlling interest in F&C Asset Management.
Friends Provident International (FPI) is one of the leading offshore financial services companies. With operations in both Guernsey and the Isle of Man , FPI also has a branch office in Hong Kong and a sales office in Dubai.
Friends Provident International Limited
Castletown, Isle of Man, British Isles
Telephone: +44(1624) 821212
Fax: +44(1624) 824405
Friends Provident Isle of Man Administration Forms
The Isle of Man based Friends Provident International (FPI) have a range of administration form that could be useful for you. I shall keep these as updated as possible but remember to refer back to the Friends Provident Home Page if you need to check for more recent forms. If you need more information, are interested in any of the FPI products or would like to see something extra here then please Contact Me and I shall see what can be done.
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FPI exits all markets bar Asia, ME and South Africa
Friends Provident International is abandoning all of its global operations, excluding Hong Kong, Singapore, Dubai, and the ‘permitted jurisdictions’ of South Africa and Qatar.
In an announcement released on Tuesday, the life company said it will only accept applications for new business from customers who either ‘fly to buy’ or reside in Dubai, Hong Kong and Singapore. Customers in FPI’s ‘permitted jurisdictions’ of South Africa and Qatar will also be able to purchase FPI products.
After 1 November this year, applications received from jurisdictions outside of its licensed hubs will not be processed. Cases of new business will be processed until 31 December.
Last week, the company announced its plans to restructure, which include exiting the UK offshore market.
“Business will not be accepted from any other jurisdiction,” the announcement reads, adding that financial advisers should explain to their clients which jurisdictions are permitted.
FPI said existing customers will be unaffected by this announcement, and can still ‘top up’ their policies. “We remain committed to helping our customers achieve their financial goals,” it said.
A spokeswoman for FPI said the company plans to boost its headcount within its core markets to drive further sales.
If you would like to know more about FPI and what they have available in your area then please Contact Me.
FPI Singapore Office
Please note that Friends Provident International Singapore Branch will be closed on Friday 04th December 2015 from 1230pm onwards due to an internal meeting.
The administration cut-off time will be at 11am on Friday 04th December 2015. Incoming mails received at the Singapore office before this time will be processed in the usual manner. However, correspondence received after this time will be processed on the following working day (i.e. Monday 07th December 2015).
Normal servicing arrangements will resume on Monday 07th December 2015 at 9am.
Should you have any requests or enquiries to be dealt with, please feel free to Contact Me and I shall try to help.
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