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Displaying items by tag: Prudential

Friday, 11 September 2020 12:42

More than 32,000 compensated for annuity failings

More than 32,000 pension savers have received £135m in compensation from providers who failed to inform them about enhanced annuity options, the FCA has revealed in its Annual Report and Accounts.

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The Financial Conduct Authority has today fined The Prudential Assurance Company Limited £23.875m for failures relating to non-advised sales of annuities.

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SIPP operator Curtis Banks has introduced the Prudential Trustee Investment Plan (Pru TIP) to its Your Future SIPP. 
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Thursday, 04 July 2019 11:11

Defaqto releases guide to pensions drawdown

IFA Defaqto has released an updated version of its annual guide to pensions drawdown, in conjunction with Prudential.
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Prudential today announced plans to demerge M&G from Prudential plc in a move that will result in two separately-listed FTSE 100 companies, each with a ‘distinct’ investment prospects.
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This year’s retirees will have the highest income since 2008.
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Friday, 20 November 2015 12:34

Retirement expectations flawed, says new report

Expectations among workers that they will retire roughly four years younger than their State Pension age are unrealistic, a report has warned.
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A quarter of couples plan to take advantage of pension freedoms to make sure they leave an inheritance to their families, according to new research.
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Wednesday, 23 September 2015 12:06

Pensioners paying over £17.5bn in tax every year

Pensioners in the UK pay a total of more than £17billion in income tax every year, according to new analysis.
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Hornbuckle and Prudential have joined forces to bring a new at-retirement proposition.
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