Tomorrow: Transfer of Business
Published / Last Updated on 14/01/2008
On 18 December 2007, the High Court approved the transfer of business from Tomorrow, previously known as GE Life (that contains both NM Life and NM Pensions) to Windsor Life Assurance Company Ltd (Windsor Life), who are also part of Swiss Re.
If you have Tomorrow or GE Life contracts, expect post to now come in from Windsor Life
Our view
There is always mergers and acquisitions action in the financial services market. We see this move as a good move for Windsor Life who do not have strong foothold in the IFA intermediary sector.
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