The Transfer of Equitable Life's With-Profits Annuity business to Prudential

Welcome to the official Prudential web pages that gives you information about the completed Transfer of Equitable Life With-Profits Annuity business to Prudential.

You will also find links to some useful documents as well as some Questions and Answers.

Key Dates

  • Equitable Life's Policyholder mailing due to arrive with Policyholders
    3rd October 2007
    Status: Completed
  • Deadline for receipt of proxy voting forms for the Equitable Life Extraordinary General Meeting (EGM)
    11am on 24th October 2007
    Status: Completed
  • EGM
    11am on 26th October 2007
    Status: Completed 'Yes' vote was achieved
  • UK Court hearing for sanction of the Transfer
    28th November 2007
    (N.B. Guernsey court hearing is 3rd December 2007, Jersey is 4th December 2007)
    Status: Completed All Courts approved the proposed Transfer
  • Prudential issue a Welcome Pack to each transferring annuitant
    14th December 2007
    Status: Completed
  • Date which Transfer became effective
    31st December 2007

If you require further information, please refer to the Questions and Answers (accessed via the link on the left) where you will find further details of how to contact us.

The FSA lodged their report for the UK Court hearing, for the sanction of the Transfer. The hearing took place on 28th November 2007. The report and all addendums are available here:

FSA Report
FSA Report Annex I
FSA Report Annex II
FSA Report Annex III
FSA Report Annex IV
FSA Report Document 1
FSA Report Document 2
FSA Report Document 4
FSA Report Document 5
FSA Report Document 6
Independent Expert's Final Report
Chapter 18 of FSA Rules Handbook

Documentation

Original Press Notice - 15 March 2007 (pdf 45kb)
Prudential Actuarial Function Holder's Report (pdf 186kb)
Prudential with-Profits Actuary's Certificate (pdf 33kb)
Independent Expert's Report (pdf 586kb)
The Scheme (pdf 240kb)
Summary of the Scheme and of the Independent Expert's Report (pdf 261kb)
2006 PAC Report and Accounts (pdf 1,917kb)
Policyholder Circular (pdf 365kb)

Channel Island Documents

The Jersey Scheme (pdf 108kb)
Jersey Representation (pdf 45kb)
The Guernsey Scheme (pdf 105kb)
Independent Actuary's Channel Islands Report (pdf 1,620kb)
Channel Islands Enclosure (pdf 31kb)

The content on these pages is correct as at January 2017. The details are subject to change, but we will endeavour to keep the pages as up to date as possible.

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