Friends Provident International Limited (FPI) 2024 year-end cut-off and new business acceptance

19 Dec 2024

Below is a comprehensive list of 2024 year-end cut-off and new business times for FPI.

New business and commission payments: For commission to be paid before Christmas, new business applications must be issued by us by 4pm UK time on 16 December 2024.

Commission will be paid on business issued before this time during week commencing 16 December.

Applications that are issued after this time and date will continue to be processed but commission will not be paid until week commencing 6 January 2025.

Ad-hoc withdrawal requests: The final day for receipt and processing of ad-hoc withdrawals in 2024 for payment prior to 24 December 2024, assuming available funds where applicable, will be 16 December 2024.

Portfolio Bond Dealing: Instructions received over this period will enter a queueing system to be processed.

Single Policy Switching: The deadline for single policy switching will be 9am UK time on 24 December 2024 and 9am UK time on 31 December 2024.

Bulk switching: The deadline for bulk policy switching will be 12pm UK time on 20 December 2024 and 12pm UK time on 30 December 2024.

Please note there will be no bulk switches processed on 24 or 31 December.