Prudential

Prudential UK has appointed Barry O'Dwyer managing director of retail life and pensions.

UK workers forgo over £5bn a year by failing to join company pension schemes; while a quarter of workers believe they are denied one, according to Prudential.

Prudential today reveals "robust" UK and group results for the first nine months of 2008 as it admits interest in US rival AIG and revises its Asia targets.

Prudential is set to launch a new extended fund range across all its tax wrappers, giving advisers access to independently selected "best of breed" vehicles.

Prudential has named former Man Group chief executive Harvey McGrath as its new chairman.

Speculation is mounting that Bob Wigley might be preparing to leave Merrill Lynch after it emerged that the veteran banker is on the shortlist to become the next chairman of Prudential, The Telegraph reports.

Prudential has decided not to press ahead with the planned re-attribution of the £8.7bn Inherited Estate held within its With-Profits Sub-Fund (WPSF).

Only 17% of retired UK couples have sought financial advice despite average savings and assets worth almost £270,000, research suggests.

More than three quarters of company and private pension holders withdraw an average of £24,154 to either give away or spend on luxuries, according to Prudential.

Prudential has launched two new target return funds.