Pensions - Articles - Pru boosted by Defaqto Five Star ratings


 Independent research firm Defaqto has recently completed its review of Star Rating criteria for 2013 and has awarded its highest ratings for several Prudential investment and pension products.

 The Flexible Retirement Plan (Full SIPP), Prudential Investment Plan and two of the provider's international products have been given the "Five Star" ratings.

 Commenting on the announcement, Prudential's Product Director John Warburton said: "This is a huge endorsement of our products from a recognised and respected research company. Prudential has also recently commissioned Defaqto to carry out an independent fact-based review of the PruFund proposition through its bond and pension wrappers. This has not only highlighted the attractiveness of the products, but also the various financial planning exercises they can form an important part of."

 The products rated as Five Star by Defaqto are:

 ♦ The Flexible Retirement Plan (FRP) - Full SIPP
 ♦ The Prudential Investment Plan (PIP)
 ♦ The Prudential International Investment Bond (PIIB)
 ♦ The Prudential International Investment Portfolio (PIIP)

 Defaqto independently rates every financial services product across nearly 50 areas, awarding from one to five stars. According to the research firm, a five star rating indicates an "excellent product with a comprehensive range of features and benefits".

Back to Index


Similar News to this Story

2025 is a key year for pensions to consider their endgame
Aon has said that 2025 is a key year for UK pension schemes and has formed the UK Endgame Strategy team to help schemes with the decision-making proce
How pension tweak could save employers thousands
National Living Wage increased this month from £11.44 to £12.21 per hour. Employer National Insurance (NI) has also risen and the threshold at which e
2024 pension contributions surge but gender gap widens
New analysis from PensionBee highlights a sharp increase in pension contributions in 2024, despite ongoing pressures on household budgets.

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.