Prudential

Prudential has become the first company to establish an independent with-profits committee to oversee the governance and compliance of the firm's with-profits business.

Prudential has this morning announced it will maintain its current bonus rate on the PruBond to give 375,000 policyholders an annual bonus of 3.25% on with-profits investments.

As many as 18 million homeowners are banking on their property to fund their retirement income, indicates new research.

Prudential has agreed a deal to transfer its Egg fund supermarket clients and £170m worth of assets to Fidelity's FundsNetwork for an undisclosed sum.

Parents are blind to the true cost of higher education, suggests research from Prudential, as four out of ten questioned believe their children leave university with no debts.

Prudential has unveiled an updated version of the with-profits fund which carries many of the transparent ‘smoothing' characteristics but is still said to offer 5% pa net return.

FOUR FORMER Equitable Life chief executives face charges of misconduct after the Institute of Actuaries blamed them for damaging the profession's reputation.

Pearl has signed a deal with Prudential to provide its personal pension customers with access to Pru's annuities when their plan matures.

Life offices attending yesterday's Treasury Select Committee meeting have been "challenged" to cut the length and complexity of Key Features Documents and develop a "summary box" of a product's risks and rewards.

The fast rising age of the average first time buyer in the UK means a sharp increase in the number of people carrying mortgage debt into future retirement, in turn fuelling a future boom in equity release sales, research published by Prudential suggests....