Prudential UK suffers corporate pensions blow

clock

Prudential has seen a significant decrease in corporate pensions sales but said this is countered by a sales boost in individual annuities and with-profits.

Corporate pensions sales of APE £104m represented a 29% fall, with Prudential blaming "particularly high" figures in 2011 due to new defined contribution members joining schemes following the closu...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Buzz: Are you confident for dashboard integration?

Buzz: Are you confident for dashboard integration?

Pensions dashboards, buyout, LGPS contribution rates and DB retirement planning

Professional Pensions
clock 29 October 2024 • 1 min read
£250m Wolseley DC scheme joins Aon Master Trust

£250m Wolseley DC scheme joins Aon Master Trust

Move follows a ‘thorough and detailed’ bid process overseen by Vidett

Holly Roach
clock 28 October 2024 • 2 min read
Pensions industry speculates on Budget announcements

Pensions industry speculates on Budget announcements

Chancellor Rachel Reeves will deliver this parliament’s first Budget on Wednesday

Holly Roach
clock 28 October 2024 • 10 min read
Trustpilot