Company Information

Get to know Friends Provident

Founded in 1832 by Quakers in Bradford, England, Friends Provident was one of the UK's oldest and largest mutual life offices. For over 170 years, it specialized in providing life insurance, pensions, and investment products to individuals and businesses. The company demutualized and floated on the London Stock Exchange in 2001. In 2011, its UK operations merged with AXA UK Life to form Friends Life, which was subsequently acquired by Aviva in 2015. The international division, Friends Provident International Limited (FPIL), was sold to International Financial Group Limited (IFGL) in 2017 and was fully rebranded as RL360 in 2020. The Friends Provident brand is now effectively retired.

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Friends Provident

United Kingdom

Founded in

1810 (216 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.