Friends Provident

briane_2

I have some Monthly Distribution Bonds which I intend to cash in.
Is there any advantage/disadvantage in waiting till after the vote on the proposed merger?

Thanks in anticipation

Old_Slaphead

No should no difference to policyholders - certainly in the short term (and most probably not in the long term either unless stronger fund management has a bearing)

dunstonh

Friends Prov have F&C and Resolution obviously have their own fund managers. They have already said there would be consolidation there. On paper that could be a good thing but that doesnt always come true in reality.

FP's bond is well priced with the fund range they have. If you have the current version, you may already be in a good product. It has a fairly large range of funds too. So, if you are thinking of calling it a day to invest in something else, you may want to investigate the fund options with FP first as it may just be a fund switch that is required. Not encashment and start again.

Old_Slaphead

What now for the jilted bride?

dunstonh

I wouldnt be surprised to see Pearl look at FP now. Although Pearl may have just being trying to act as a spoiler before and may not have had a real interest in an open insurance company.