withprofitsannuity.co.uk

withprofitsannuity.co.uk


Financial Times

Prudential to bid for £3bn slice of state's Bradford & Bingley mortgages
Financial Times
Prudential is keen on buy-to-let mortgages because, as long-term assets, they could be used to back long-term liabilities such as annuities and with-profits policies. The insurer has one of the biggest annuity books in the UK, with liabilities of £45bn ...

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Herald Scotland

Scottish Widows suffers as a result of pension reforms
Herald Scotland
... reporting a markedly improved performance for the year. Pre-tax profits at Lloyds, which also owns Bank of Scotland, were up by 162.5 per cent, from £1.6 billion to £4.2bn, thanks in large part to the amount the bank set aside to cover payment ...

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The Denver Post

DaVita steered poor dialysis patients to private insurers to pump up profits, lawsuit says
The Denver Post
The lawsuit, by the Peace Officers' Annuity and Benefit Fund of Georgia, claims Denver-based DaVita persuaded Medicare and Medicaid patients to dump the government plans for private insurance — some of it via Obamacare — and then directed the ...

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This is Money

Trapped in a poor investment? Afraid of exit penalties? Here's how to stage The Great Escape with your finances
This is Money
They appealed to investors because providers promised to smooth returns by holding back some profits in years when markets performed well to enhance returns in poorer years. But many of these investments have failed to deliver and returns on a majority ...

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Former Equitable Life Annuity Customers
Prudential UK & Europe
In 2017, we'll maintain our prudent approach to managing the With-Profits Fund, which is a key pillar of the Fund's success. We aim to secure the highest total return for the Fund over the long-term (after any tax and investment expenses) while ...

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The Sydney Morning Herald

McGrath shares hit as it warns 'challenging' conditions to continue
The Sydney Morning Herald
Shares in listed real estate group McGrath took another hit on Thursday as it warned "challenging" market conditions were likely to continue after reporting a 72 per cent dive in half-year pro-forma profit to $2.4 million. Statutory net profit for the ...

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With-Profits Bonus Declaration February 2017
Prudential UK & Europe
The reduction in annual bonus rates helps us to manage levels of guarantees, allowing the With-Profits Fund to retain the investment flexibility it needs to better withstand any future fluctuations in the market volatility and continue to deliver ...



Financial Times

Apollo Global's profits jump boosted by Athene IPO
Financial Times
Athene, a fixed-service annuity provider, jumped nearly a tenth when its shares debuted in January, and are trading roughly 18 per cent above their initial public offering price. Apollo's earnings rose to $167m, or 87 cents per share, for the three ...

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South China Morning Post

Why it was 'unfair' to expect anything different from Paul Chan's maiden budget for Hong Kong
South China Morning Post
On retirement protection, we now know that the Hong Kong Mortgage Corporation has commenced a feasibility study and the design of a public annuity scheme. Another important figure to note is the additional HK$6.53 billion required to increase the Old ...
FS in Budget pledges to boost pillar industries and promote diversified economic development7thSpace Interactive (press release)

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