Pru plans critical new products in Budget aftermat
Prudential is to invest £50m a year into a host of “critical” new products as it attempts to consolidate a 42% drop in annuity sales resulting from the pension reforms in this year’s Budget.
Prudential
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Prudential sees half year jump in offshore
Prudential saw a growth of nearly 60% in offshore bond sales over the first half 2014, on top of strong results across the board for its businesses.
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UK to waste 500m on inefficient IHT planning
More than half a billion pounds is set to be wasted this year in inheritance tax as individuals fail to place their life protection policies “under trust”.
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Axa ceo takes over as abi chairman
UK chief executive of France-headquartered group Axa Paul Evans is to be the next chairman of the Association of British Insurers.
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Eastspring names Yang as head of insurance
Eastspring Investments has poached FWD Group’s Andy Yang for a new role of head of insurance relationship.
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notes on Osbornes budget for the offshore
Beer drinkers and players enjoying free bingo games to play were not the only ones Chancellor George Osborne addressed in his budget; as Prudential’s Gerry Brown reports, he included provisions affecting non-natural persons, Offshore employment intermediaries, and other individuals and entities of the offshore world...
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prudential continues to pursue asia
Prudential has reiterated that Asia will be at the heart of its future prospects after strong performance last year, while onshore bond sales in the UK disappointed.
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prudential completes domestication of hk branch
The Prudential Assurance Company has completed the process of domesticating its Hong Kong branch on January 1.
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pru enters sub saharan
Prudential has taken its first step into the African life insurance market, by acquiring Ghanaian insurer Express Life from Africa/Asia financial services specialist, Leapfrog.
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singapore asset mngr eastspring sets up in london
Eastspring Investments, the Asia asset management arm of Prudential, has opened a UK office aimed at targeting Asia investment expertise to prospective UK and European investors.
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eastspring appoints lou hk head of retail sales
Eastspring Investments, the asset management arm of Prudential Corporation Asia, has appointed Nathalie Lou as head of retail sales in Hong Kong.
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prudential to go ahead with planned
Prudential is to go ahead with a plan to "domesticate" the last remaining Asian branch of its UK-based insurance business, the company said yesterday.