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.
Updates to the PruFund smoothing process
29 August 2018 - With effect from 26 November, we’re making the following updates to our PruFund proposition
We’re lowering Retirement Account charges
29 August 2018 - From 17 September 2018, we’re lowering the starting level of our yearly product charge on the Prudential Retirement Account.
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.
We’ve changed how we show expenses in illustrations
2 February 2018 - We’ve included other investment expenses in our personalised illustrations for investment in our range of PruFunds and With-Profits Funds.
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.