Prudential
Will investors stick with ‘cash cow’ M&G?
Prudential’s decision to spin-off and float its UK asset management and savings arm was met with widespread approval from investors. But how many of them will continue to invest in the life insurer’s “neglected” business when it lists?
Prudential offloads £12bn annuity book as it carves out M&G
Prudential is selling £12bn ($16.7bn, €13.5bn) of its UK annuity portfolio in a landmark deal to Rothesay Life, as part of a major revamp that will see its UK and Europe business, M&G Prudential, become a separately-listed company.
Eastspring establishes onshore presence in China
Eastspring Investments has joined the growing list of foreign asset managers who have set up an investment management wholly-foreign owned enterprises (IM Wfoe) in China.
Alternatives | 2 Mar 18
PEOPLE MOVES: Nedbank, Prudential and HSBC
Nedbank Private Wealth is changing its managing director, Prudential appoints a chief risk officer and HSBC names its head of financial crime risk transformation for the Isle of Man and Channel Islands.
Best Practice | 29 Jan 18
End of tax year: Making the most of allowances
Advisers should act now to make sure their clients make the best use of allowances as the countdown starts for the end of the UK tax year. Click through the slides to see the Prudential technical team’s list of actions advisers should consider.