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 largest ever insured deal, worth over £1 billion.

Trusted Brand: We have received numerous awards for our annuity products and services and we're the no.1 UK annuity provider. We pay retirement income to over 1.5 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. For example, our £300 m pensioner buy-in with Rothesay Life took just 5 weeks to implement from the point of agreement.

Operational Excellence: We have a substantial, dedicated in-house team of professionals supporting our buyout business and have invested over £40 million on our administration capability, including bespoke systems and procedures specifically designed for the bulk annuity market.

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.

Investment Specialists: Our expert investment managers, PruM&G, manage worldwide assets of £290 billion (as at 31 December 2009).

For more information on our Defined Benefit proposition, please email DBSolutions@Prudential.co.uk.