Our Strengths
Experience: We have been writing bulk annuity business since 1997, securing pension scheme liabilities in excess of £5.4 billion. We have also taken on large annuity portfolios from other insurers, exceeding £5.4 billion.
Track record: We have successfully implemented over 430 pension scheme buyout / buy-in transactions, including the first ever deal over £1 billion.
Trusted Brand: We have received numerous awards for our annuity products and services and we're a leading annuity provider in the UK. We pay retirement income to over 1.4 million people, with total payments exceeding £2 billion per year.
Innovative Solutions: We provide a range of innovative and flexible solutions to meet specific pension scheme requirements.
Speed of execution: Our experienced Client Managers apply PRINCE II project management methodology to aid buyout implementation. PRINCE II is a project management standard used extensively by the UK Government and is widely used in the private sector, both in the UK and internationally.
Operational Excellence: We have a substantial, dedicated in-house team of professionals supporting our buyout business.
Mortality Experience: Our specialist team of mortality researchers has direct access to one of the largest data banks in the industry. This expertise helps us to accurately track mortality trends and identify mortality hotspots within your scheme as part of our risk management solution.
For more information on our Defined Benefit proposition, please email DBSolutions@Prudential.co.uk.
