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Corporate Diversity and the Provision of Financial Services

Published online by Cambridge University Press:  10 June 2011

P. Guijarro  and
D. J. P. Hare
P. Guijarro
Affiliation:
Scottish Widows plc, 69 Morrison Street, Edinburgh EH3 8YF, U.K., Tel: +44(0)131-655-6353, Fax: +44(0)131-655-3015, Email: philippe.guijarro@scottishwidows.co.uk
D. J. P. Hare
Affiliation:
The Standard Life Assurance Company, 30 Lothian Road, Edinburgh EH1 2DH, U.K., Tel: +44(0)131-245-0632, Fax: +44(0)131-245-2953, Email: david_hare@standardlife.com
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Abstract

The corporate landscape of United Kingdom financial services has changed considerably in the last fifteen years with virtually all the main players now shareholder-owned. The dominance of shareholder ownership may not last for ever and the pendulum could swing back to alternate structures. Should the actuarial profession look ahead and consider what, if anything, could be done to encourage diversity? This paper considers some of the issues involved and raises some questions for the profession to discuss.

Keywords

Building SocietiesCorporate OwnershipCredit UnionsFriendly SocietiesInternationalMicrofinanceMutualityProprietaryShareholders
Type
Sessional meetings: papers and abstracts of discussions
Information
British Actuarial Journal , Volume 8 , Issue 4 , 01 October 2002 , pp. 643 - 684
Copyright
Copyright © Institute and Faculty of Actuaries 2002

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