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Friends Provident

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  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    NU is the company diving in share price because its judged to have possible future capital problems, seems they are too nice
  • I agree these funds should be investigated. It seems just like savings accounts where interest rates drop after the"honeymoon" period and new accounts appear with the high returns Friends provident have done the same. However unlike a normal savings account I cant move my money without incurring sever penalties. If I could move the entire value of the policy I would but they have me by the short and curlies. The so called offer they make at the end also seems to be a scam. It seems they make the lowest offer possible and wait to see how much noise you make. A close friend of mine had a similar offer from his provider and took a claim out against them using a no win no fee company. The offer was raised by £10,000 of which approximately £2,000 was deducted for fees. Perhaps he could have save £2,000 just by threatening them with action?
  • dunstonh
    dunstonh Posts: 119,680 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    What has been your experience investing in Friends Provident International -- good or bad and why?...

    Thats a strange question and not linked to anything posted on this thread.

    What about FPI do you want to know about? As they are mostly administrators of a limited range of products there isnt a lot you can say about them beyond the facts of their offering.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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