News
Get the latest updates on Prudential, our services, our products and our funds.
Reduction in Fund Charges
11 March We regularly review our range of funds to make sure they’re delivering good value. So we’ve decided to reduce the charges on both these fund to 1%. You don’t need to do anything – we’ll make the changes during February.
We've changed our adviser charging limits
15 February 2019 - Following a review of adviser charges, the following maximum limits will apply to all applications submitted from midnight (00.01am) on Friday 1 March 2019. The limits apply across all plans/products except the Prudential ISA, for which the existing limits still apply.
Retirement Account Series E - January 2019 PruFund Investment Date information
25 January 2019 - There are no Unit Price Adjustments applying at this PruFund Investment Date.
Prudential International Assurance Brexit Update
21 December 2018 - The Prudential Assurance Company Limited (PAC) in the UK has implemented plans to transfer some of its policies to Prudential International Assurance (PIA) in Ireland.
Brexit Update
29 November 2018 - As you’re aware the negotiations over the UK’s withdrawal from the EU are ongoing.
Changes to the investment objectives and fund names
29 November 2018 - From 21st January we’re proposing changes to the investment objectives and fund names for the following fund ranges: Dynamic Portfolio Funds, Dynamic Focused Portfolio Funds and Risk Managed PruFund Funds. We won’t be making any changes to the PruFund Growth and PruFund Cautious Funds.
Latest PruFund Expected Growth Rate (EGR) performance announcement – November 2018
27 November 2018 - We are pleased to confirm that the Expected Growth Rates (EGR) remain unchanged for the next quarter. The EGR is the annualised rate which will be applied daily to increase the unit price of the fund. They are set quarterly by the Prudential Assurance Company Ltd (PAC) Directors, having regard to the expected long-term investment return (up to 15 years) on the assets of the funds.
FT Adviser Service Awards 2018 – Thank you for your support
23 November 2018 - Thank you to everyone who voted for Pru at this year’s Financial Adviser Service Awards. We really are grateful for your continued support. To not only have retained both our Five Star ratings for Investments and Life and Pensions for the tenth and eighth consecutive years respectively, but to win the outstanding achievement award this year is a feat were extremely proud of.
Retirement Account Series E - October 2018 PruFund Investment Date information
25 October 2018 - We’re applying a downwards Unit Price Adjustment (UPA) to one of our Retirement Account Series E PruFund funds
Retirement Account Series E - September 2018 PruFund Investment Date information
25 September 2018 - There are no Unit Price Adjustments applying at this PruFund Investment Date.
Servicing your clients' Flexible Retirement Plans has changed
18 September 2018 - The online functionality for the Flexible Retirement Plan is currently unavailable. This is because of our initial plans to close the plan to both new and existing customers.
Latest PruFund Expected Growth Rate (EGR) performance announcement – August 2018
29 August 2018 - We are pleased to confirm that the Expected Growth Rates (EGR) remain unchanged for the next quarter. The EGR is the annualised rate which will be applied daily to increase the unit price of the fund. They are set quarterly by the Prudential Assurance Company Ltd (PAC) Directors, having regard to the expected long-term investment return (up to 15 years) on the assets of the funds.
The funds we've highlighted with our quarterly life and individual pension unit linked review
04 June 2018 - We're now making the results of our quarterly life and individual pension unit linked review available. In this we'll provide information on the funds that we've identified for further investigation but we're happy they are doing what we expect and those that we are planning to close.
Withdrawal of our Transfer Value Analysis System (TVAS)
06 April 2018 - We withdrew our TVAS service on 29 March 2018.
Latest PruFund Expected Growth Rate (EGR) performance announcement – February 2018
27 February 2018 - The Expected Growth Rates (EGR) remain unchanged for the next quarter.
Principles and Practices of Financial Management
25 August 2017 - All firms that carry out with-profits business are required to publish the Principles and Practices of Financial Management (PPFM) that are applied in the management of their with-profits funds.
Prudential UK & Europe and M&G combine to create a leading savings and investments provider
10 August 2017 - Prudential plc has announced that it is to combine Prudential UK & Europe and its asset manager M&G, to form a leading savings and investments business that is ideally positioned to target growing customer demand for comprehensive financial solutions.