Prudential

Prudential has today reported Group sales up 11% on the first quarter of 2004 at £478m.

In the UK the FTSE 100 Index has added about a point to 4,857 points this morning, led by Morrison.

Almost nine out of ten people over the age of 65 are being forced to consider a property move as a means of elevating their financial standing, new research indicates.

Prudential's group chief executive Jonathan Bloomer is being replaced in May by the group finance director at HBOS who worked at the Pru until two years ago.

Prudential has updated its pruadviser extranet to provide a search facility which allows intermediaries to search for policies without the need for plan numbers.

BRITISH TAXPAYERS will hand over more than £5.7bn in "unnecessary taxes" to the Inland Revenue next year, according to a new report from IFA Promotion highlighted in the Times .

Barclays Bank has signed a multi-tie agreement with six of the UK's big brand life insurers, ahead of depolarisation.

Prudential has maintained the annual bonus rates on its with-profits policies but suggests conditions are improving as the average MVR on the Prudence Bond has now fallen to 2.5%.

Utility bills added to the cost of running a home will overtake the income of UK pensioners within fifteen years, new research indicates.

Scottish Widows has been labelled the top ‘dog' for the fourth time in a row in Bestinvest's latest ‘Spot the Dog' poll, but the number of funds failing to beat their benchmarks is now at least falling, according to the study.