Now part of the Aviva group, Friends Life is a provider of pensions, investments and insurance serving over five million customers. Its key business lines are corporate benefits, individual protection and retirement income.
Friends Life is the brand name of Friends Life Group Limited. The company's heritage dates back to 1810, with Friends Provident being founded in 1832 to help alleviate the hardship of Quaker families facing misfortune. Other brands in the Friends Life group include Friends Provident International, fpb AG and Sesame Bankhall Group.
The company announced an operating profit of £556m in its preliminary results for the 12 months ended 31 December 2014.
Friends Life was acquired by Aviva on 13 April 2015. Andy Briggs, current group chief executive of Friends Life, will become CEO of Aviva UK Life, with Mark Wilson continuing as CEO of the enlarged Aviva Group.