| Generic With Profits |
|
Prudential International |
|
Norwich Union International |
 |
 |
 |
 |
 |
Prudential Plc
Prudential plc is an international financial services group with over 23,000 employees around the world and more than 21 million customers, policyholders and unit holders worldwide. Its strategy is to build successful and increasingly profitable businesses in chosen markets.
Key facts for 2006
- Through their investments Prudential companies hold 2.5% of the shares in the FTSE 100 index
- Total Group and Investment funds under management £234bn
- New business profits of £867m
Prudential International Assurance Plc
Prudential International Assurance plc (PIA), is a wholly owned subsidiary of the Prudential Group. Based in Dublin, Ireland, it operates under the European Union’s “freedom of services” rules, selling and marketing its products under the Prudential brand.
PIA aims to become the leading UK-owned freedom of services provider of investment and savings products in Europe. PIA’s strategy is to primarily focus on selected European markets where there is clear demand and sales potential for Prudential International products combined with the opportunity to leverage the heritage, brand strength and reputation of the Prudential name by capitalising on its investment capability and financial strength with distributors and investors alike.
PIA’s flagship investment product is a single premium investment - International Prudence Bond. It provides access to three PAC With-Profits funds, denominated in USD, Euro and Sterling, each of which is reinvested into the Long-term Fund of the Prudential Assurance Company Ltd.
Setting Prudential Apart:
Prudential’s With-Profits fund has achieved outstanding results due to its superior investment performance; its investment freedom, which allows it to change the asset mix to reflect its views on markets; and its continued focus on maintaining the financial health of the With-Profits fund. All of this adds up to an exceptionally strong with-profits fund.
Investment performance (Prudential With-Profits funds)
Sterling - Main Fund: The With-Profits Fund has once again achieved an excellent performance.
- +20.0% investment return achieved in 2005 (before taxes & charges)
- +41%: investment returns over 5 years 2000-2005 (6 per cent for the FTSE 100 Total Return and 12 per cent for the FTSE All-Share Total Return indices)
- Over 10 years, the fund has returned 162 per cent, against 107 per cent for the FTSE 100 Total Return and 114 per cent or the FTSE All-Share Total Return indices. (All figures are to 31 December 2005, before tax and charges.)
- £85 billion, UK’s largest with-profits fund
Prudential is one of the most recognised consumer financial brands and is rated AA+ by Standard & Poor’s (as at May 2006). This means that Standard and Poor’s categorise Prudential as having "very strong" financial security. |
|
