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Prudential International Assurance (PIA)

We updated our servicing and online support as we faced COVID-19, but these measures are now the new normal and ways of doing business for:

  • New business
  • Top-ups

The introduction of a signatureless declaration removes the need for you to obtain a ‘wet’ signature from your clients for their new business application. All you have to do is complete the relevant declaration to confirm you have your client’s authority (in line with the points laid out in the declaration) to submit the application on their behalf.

PLEASE NOTE : The signatureless declaration relates to the new business applications only. It can't be used for regulatory requirements such as tax reporting requirements and residency declarations.

PLEASE NOTE: There are regulatory requirements which will need a client signature. These are called out in the table below.

Please click on the relevant declaration below.

New business declaration

Top-up declaration

How the new process will work

Here’s a list of the PIA bond products in scope for the signatureless process:

  • Prudential International Investment Bond (PIIB)
  • International Prudence Bond (IPB)

The table below sets out the process and any relevant further information for each type of PIA application.

Type Of Application

Process

Further Requirements

Applications submitted by email

  • PIIIB

  • IPB

All documents signed:

  • Scan and email to us

Application not signed:

  • Scan and email to us, copies of the application and signatureless declaration.

Make sure that any additional anti-money laundering requirements are emailed to us too.

Please note that the client’s tax details must be must be completed in the Tax Residency Self Certification (TRSC) form and signed by the client. 

Please also note that the declaration of non-Irish residency is a statutory requirement and therefore requires a signed client declaration. A fully completed and signed scanned copy is acceptable.

Company/corporate investment

  • PIIB

  • IPB

All documents signed:

  • Scan and email to us

Application not signed:

  • Scan and email to us, copies of the application and signatureless declaration

Make sure that any additional anti-money laundering requirements are emailed to us too.

Signatureless declaration must be appropriate to who is applying.

If the company investment is a single director, a witness signature is required and we cannot accept this as a signatureless declaration.

Please note that the client’s tax details must be must be completed in the Tax Residency Self Certification (TRSC) form and signed by the client.

Please also note that the declaration of non-Irish residency is a statutory requirement and therefore requires a signed client declaration. A fully completed and signed scanned copy is acceptable.

Trust cases

All documents signed:

  • Scan and email to us

Trust deed signed, but application not signed:

  • Scan and email to us, copies of the application and signatureless declaration

Make sure that any additional anti-money laundering requirements are emailed to us too.

If a trust deed is not signed we cannot accept this as a signatureless declaration.

Please note that the declaration of non-Irish residency is a statutory requirement and therefore requires a signed client declaration. A fully completed and signed scanned copy is acceptable.

Power of Attorney (POA) cases

All documents signed:

  • Scan and email to us

POA signed, but application not signed:

  • Scan and email to us, copies of the application and signatureless declaration

Make sure that any additional anti-money laundering requirements are emailed to us too.

Signatureless declaration must be appropriate to who is applying.

Please note that the declaration of non-Irish residency is a statutory requirement and therefore requires a signed client declaration. A fully completed and signed scanned copy is acceptable.

Discretionary Asset Management (DAM) Applications

All documents signed:

  • Scan and email to us

Application not signed:

  • Scan and email to us,copies of the application and signatureless declaration

Please note that if a signed DAM nomination form is not received, this business will not proceed.

How to send your signatureless declarations to us

Please send the completed declaration by secure email to prudentialinternational@prudential.co.uk and send the monies into us electronically.

How to send monies to us

For bank account details to send money on Prudential International Investment Bond and International Prudence Bond, please click here

If you need any help with this, please contact your Prudential Account Manager. 

You can access a range of online services, from illustrations and new business submission, to valuations and withdrawals. Please visit: www.mandg.com/online-services

Product

Illustrations

Apply Online

New Business Tracking

Valuations

Fund Switching

Withdrawals

International Portfolio Bond

Prudential International Investment Bond