Tag Archives: Prudential

Robinsons Bank and Prudential’s subsidiary Pru Life UK establish bancassurance partnership in the Philippines

QUEZON CITY, Philippines, 10-Jan-2018 — /EuropaWire/ — Gonkongwei-led Robinsons Bank and Prudential’s subsidiary Pru Life UK today announced the establishment of a strategic bancassurance partnership, in the Philippines at a press conference held at Crowne Plaza Galleria Manila. Through this partnership, … Read the full press release

Prudential: World Bank Group’s IFC to raise $500 million Eastspring Investments for infrastructure projects in emerging markets

Hong Kong SAR, China, 04-Jul-2017 — /EuropaWire/ — IFC, a member of the World Bank Group, today signed an agreement with Eastspring Investments, the Asian asset management business of Prudential plc, to raise $500 million for an innovative IFC program that … Read the full press release

Prudential announces changes to its board of directors

LONDON, 23-Feb-2017 — /EuropaWire/ — Prudential plc (“Prudential”) announces that Ann Godbehere will retire from the Board at the conclusion of the Annual General Meeting on 18 May 2017. Ms Godbehere has been a non-executive director since August 2007, Chairman of … Read the full press release

Prudential: the average retired UK household benefits by as much as £17,500 a year from direct and indirect financial support

Average annual pensioner benefits and concessions worth £17,500 Pensioners say OAP discounts save them more than £1,000 a year on discretionary spending More than one in three could not afford a trip to the dentist or optician if charged the … Read the full press release

Prudential research: one in five over-55s consider buying retirement property but letting it out until retirement

One in five over 55s are considering buying their ideal retirement home now and letting it out until they retire More than half plan to raid their pension savings to fund their ideal retirement home Post-pension freedoms three in ten … Read the full press release

Prudential unveils online tool for financial advisers and accountants to extract profits from their companies as part of retirement planning activity

Free online tool for financial advisers and accountants Tool launches ahead of changes to dividend taxation in April 2016 Advising corporates, company directors and SMEs seen as a growth area among advisers LONDON, 26-11-2015 — /EuropaWire/ — Prudential has launched … Read the full press release

Prudential 2014/15 apprentices graduated from their training programme at ceremonies held across the UK during August

38 young people successfully ‘graduate’ as Prudential apprentices in 2015 Graduation ceremonies held across the UK – in London, Reading and Stirling £4.1 million committed to extending the Prudential apprenticeship programme until 2018 LONDON, 21-8-2015 — /EuropaWire/ — Prudential apprentices … Read the full press release

Prudential: 21% of pensioners in UK have gone back to work since they reached the State Pension age, or are planning to do so in the future

Retired jobseekers want to keep mentally active as well as increasing their income in retirement Around one in six are doing voluntary work while nearly one in 20 are earning more than before they retired LONDON, 16-7-2015 — /EuropaWire/ — … Read the full press release

Prudential Portfolio Management Group Limited appoints Michael Coop and Ciaran Mulligan as new members to its senior management team

LONDON, 16-7-2015 — /EuropaWire/ — Prudential Portfolio Management Group Limited (PPMG) has appointed two new members to its senior management team. Michael Coop, head of multi-asset portfolio management¹ , and Ciaran Mulligan, head of manager oversight² , have joined the … Read the full press release

Prudential: 15% of those planning to retire this year have no pension savings and will heavily dependent on the State Pension

Also, one in six will retire in 2015 with expected income below the minimum income standard for a single pensioner A retired couple reliant on the State Pension alone will get by just above the ‘poverty line’ The State Pension … Read the full press release

Prudential announces that Anthony Nightingale, CMG, is to succeed Lord Turnbull as Chairman of the Remuneration Committee from May 2015

LONDON, 3-11-2014 — /EuropaWire/ — Prudential today announces that Anthony Nightingale, CMG, is to succeed Lord Turnbull as Chairman of the Remuneration Committee from May 2015. At this time, Mr Nightingale  will also join the Nomination Committee.  Mr Nightingale has … Read the full press release

Prudential analysis: Since 2011 workers over the age of 60 have seen their earnings rise faster than any other age group

• Average annual earnings for over-60s increased by nearly £1,000 between 2011 and 2013 • Number of over-60s in work has risen by more than 100,000 in two years • Increase in over-60s managers helps drive up average earnings LONDON, … Read the full press release

Prudential plc confirmed The Prudential Assurance Company Limited (PAC) completed domestication of its Hong Kong branch

London, UK, 6-1-2014 — /EuropaWire/ — Prudential plc today confirms that The Prudential Assurance Company Limited (PAC) has completed the process of domesticating its Hong Kong branch.  The Hong Kong branch of PAC was transferred on 1 January 2014 to two new … Read the full press release

Prudential research finds one in four retired UK homeowners hope to raise £62,000 by moving into a smaller home

• One in four retired homeowners hope to raise £62,000 by moving into a smaller home • Convenience, raising money and cutting bills are the top three reasons for downsizing 02-9-2013 — /EuropaWire/ — Nearly three quarters (73 per cent) of the … Read the full press release