Prudential

ALL OF THIS morning's papers discuss Aviva's proposed takeover offer for rival company Prudential.

Prudential has signalled an intention to conduct more business direct with consumers, according to details of the life insurer's full year results.

When it came to designing its lifetime mortgage products, Prudential was determined to give customers what they wanted, so they carried out lots of consumer research.

Large numbers of businesses are failing to tell their employees of the changes to their pension schemes following A-Day, claims Prudential.

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.

Prudential has added new contract enquiry links to three back-office software providers as part of its adviser extranet service.

People retiring this year need a pension fund of at least £130,000 to make up the average income of £12,500, as increased longevity means their money has to last longer, claims Prudential.

Most intermediaries are confident of an up-turn in business come A-Day new research reveals.

One in four pensioners are succumbing to the ‘pensioner splurge', by spending more in their first year of retirement than in any following years, claims new research from Prudential.

Prudential is considering possible acquisitions in the US as it tries to fend off rumours in the City that it might merge with its arch-rival Aviva, reports the Guardian .