Press comment

Colin has been quoted in FT Adviser this week:

Last Friday (November 21) Aviva confirmed that it has reached an agreement on a Friends Life buyout that could be worth £5.6bn.

Speaking to FTAdviser, Colin Rodger, Managing Director at Alexander Sloan Financial Planning, said “Friends Life were never one of our “go to” providers. Good brands like Sun Life and Friends Provident were absorbed into a directionless mix. The business lacked focus and always seemed less than the sum of its parts.

“I think Aviva will have to work hard to get value from the acquisition. The market’s immediate reaction indicates as much with Friends Life shares up and Aviva shares down.”

About Colin Rodger

Colin is an Independent Financial Adviser and is a Director of Alexander Sloan Financial Planning Ltd. (Authorised and regulated by the FCA no. 190674). Colin has over 30 years experience providing pension, investment and financial planning advice to a wide range of individuals and organisations.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s