Pru not cutting with-profits final bonuses
Prudential will not be cutting final bonuses for its with-profits fund, though annual rates will fall by around 0.75%, it has confirmed today.
Policyholders will see the accumulating value of their policies fall by between 6% and 10% as smoothing measures adjust to the market downturn. Around £2.8bn was added to policy values through bonuses...
More on Investment
D2C investment platform users rise to all-time high in Q1
Customer numbers rise an average 3.1% across all providers
Neil Birrell: Negative interest rates have arrived in the UK
Base rate 0.1%
Schroders Personal Wealth hires Morningstar's Brunt to head manager research
Quilter's Jennifer Christian joins as investment specialist
Investors pull £325m from Premier Miton's multi-asset funds
Due to Covid-19
Negative interest rate debate becomes 'very real' as UK inflation drops to 0.8%
Lowest CPI reading since August 2016
Back to Top
More news
'Retirement income advice is the biggest problem in the adviser market' - Rory Percival
As important as DB transfers
D2C investment platform users rise to all-time high in Q1
Customer numbers rise an average 3.1% across all providers
Is it time to review the risks of DB transfer advice?
It’s The Pro Adviser Podcast
Advisers can defer CPD this year in 'exceptional circumstances' - FCA
Defer to 2021/2022