Prudential with-profits up 18%

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Prudential's 4.5 million with-profits customers are to receive increases of up to 18% in their policy values the provider has said today.

The announcement follows what Prudential says was an excellent year for with-profits fund which “delivered an exceptional annual return of 20%” - before tax and charges. For the second year running, Prudential has increased year-on-year payouts across the vast majority of policies. Roger Ramsden, executive director at Prudential UK and Europe, says: "This is a continuing and strong validation for the concept of an actively managed and well run with-profits fund which is delivering excellent returns for our investors. Ramsden says: "Prudential savers are enjoying the returns we are prov...

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