View more on these topics

Friends Life heritage chief executive quits for Bupa

Friends Life heritage chief executive Evelyn Bourke has resigned to join Bupa.

She will continue to lead the business until she leaves in the Autumn, when she will become Bupa’s new chief financial officer. A successor has not yet been named.

Last August, Friends Life revealed plans to separate its operations between open and closed book business with Bourke running the closed book heritage business.

In March this year, Resolution set out proposals to split Friends Life into two separately listed businesses which could be sold off on their own, with Bourke continuing to lead the heritage business.

Friends Life chief executive Andy Briggs says: “We are grateful for the contribution Evelyn has made to Friends Life and wish her well in her new role.”

Recommended

Thatcher, Thatcher candlestick snatcher?

Margaret Thatcher was caught trying to make off with two silver candlesticks from a Treasury function in the 1980s, Chancellor George Osborne has revealed. With the UK in a double-dip recession and economic clouds darkening as the euro crisis grows, Osborne attempted to lighten the mood at last night’s Mansion House address by warning guests […]

1

IFAs slam lack of Nest risk tool

Advisers have criticised Nest’s decision not to develop a risk-profiling tool for members. A number of providers and networks have developed and launched online questionnaires to help investors understand their attitude to risk. In an email to an adviser, seen by Money Marketing, Nest head of investment policy Paul Todd says: “Nest has taken the […]

Labour says ‘crafty’ Cable is watering down shareholder power rules

Shadow Business Secretary Chuka Umunna says the Government is set to water down proposals to give shareholders a binding annual vote on executive pay, accusing his opposite number Vince Cable of being “crafty” over comments he made in the House of Commons this week. In March, the Department for Business Innovation and Skills published a […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There are 6 comments at the moment, we would love to hear your opinion too.

  1. Does she know something we don’t?

    So soon to resign ?

  2. Friends Life should be looking for some new staff for their online business support.

    Very frustrating and fragile system.

  3. @Ned.
    I share your curiosity. Since the AXA/FP merger many senior players have jumped ship most of who did so at the start of “exciting times” for the company.

  4. Matt:

    ‘Exciting times’ is standard code for ‘this company will be totally disrupted and decimated, so you’d better get out while you can. ‘

  5. A fragile on line system is what you get when you try to use the cheapest (BUPA) on line option despite having two highly rated on line Protection systems (Friends Provident and AXA) already available within the group. It will not get any better as money will not be spent on improvements!

  6. And let’s not forget, it makes sense to centralise operations in the south, oops, sorry, in the Bristol so-called Friends Life centre, regardless of whether the staff are the ‘best of the best’.

    Oh silly me, but of course that’s the cheaper option too.

Leave a comment