Friends Life will not see any change driven by Resolution's decision not to split the business, the provider has said.
Managing director of Friends Life Steve Payne said it was very much business as usual but Resolution's decision has meant the provider is now "an organic instead of merger and acquisition story".
When asked if we could expect to see any changes driven by Resolution's move Payne said: "There are no changes to the goals in the short term. The targets we were set in 2009 for 2013 are still the same and we will continue in the existing growth strategy.
"What has happened is that an execution event has been removed. What we now are is a stock that can stand on its own."
Resolution confirmed this morning it will not make further acquisitions as originally planned and will abandon moves to split the Friends Life business after a 58% fall in group profits.
Payne said: "This does not impact the Friends Life strategy directly at all."
He added its critical illness and income protection proposition were "right at the corner stone" of the strategy.
