Prudential has boosted operating profits by 22% in the first six months of the year but said UK sales had been hit by the implementation of the Retail Distribution Review (RDR).
Prudential has appointed John Foley to the newly created role of group investment director in a bid to strengthen the oversight of its financial investments.
Prudential is being criticised for including quotes for with-profits annuities alongside conventional annuities in information packs sent to retiring customers.
The Financial Conduct Authority (FCA) wants to be seen to be acting tough on risky products following the crash of the financial services industry, leaving insurers with the acute need to regain public trust, the Association of British Insurers (ABI)...
Vince Smith-Hughes looks at the tax benefits of using income drawdown
Multi-asset fund returns have beaten investors' expectations over the past three years, according to research from Prudential.
Divorcees can expect to receive £2,600 - or 16% - less income in retirement compared with people who stay married.
More than a third of do-it-yourself (DIY) investors say a financial adviser's knowledge of products, including tax and charges, is the most valued part of their service, according to research from Prudential.
Barry O'Dwyer, deputy chief executive at Prudential UK & Europe, has been made managing director of workplace at Standard Life.
One in seven people retiring this year will depend on the state pension as they have no other pension, research finds