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Pension Overview

Scheme news

Article image for Your latest Summary Funding Statement is available online

Your latest Summary Funding Statement is available online

Every three years, with the support of the Scheme Actuary, we undertake a detailed review of the financial health of the DB Section, referred to as an Actuarial Valuation....

Article image for A new Trustee Director and a new Pensions Manager

A new Trustee Director and a new Pensions Manager

Following Edward’s appointment as a Member Nominated Trustee Director in April, we have now seen a further appointment to the Board....

Article image for Transfer values, cash lump sums, and early / late retirement pensions: the impact of changing interest rates – an update

Transfer values, cash lump sums, and early / late retirement pensions: the impact of changing interest rates – an update

The benefits you’ve built up in the DB Section depend on your Pensionable Service (the service you’ve completed with the Company as an Active member of the DB Section) and your Final Pensionable Ea...

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Manage your pension online

Accessing your pension online is the easiest and most secure way to manage your pension....

Article image for Defined Benefit Section’s funding position relating to recent extreme market movements

Defined Benefit Section’s funding position relating to recent extreme market movements

Last week saw significant investment market volatility, with unprecedented movements in the yields on gilts. As reported in the press, the market moveme...

Article image for Life as a Member Nominated Trustee – 10 minutes with Stephen Cunningham

Life as a Member Nominated Trustee – 10 minutes with Stephen Cunningham

We caught up with Stephen Cunningham, one of our Member Nominated Trustee Directors, fresh from him being selected to office for a further four years, to talk to...

Article image for Member Nominated Trustee Director - selection result

Member Nominated Trustee Director - selection result

The Trustee of the Prudential Staff Pension Scheme (the Scheme) recently sought nominations from the Active membership of the Defined Benefit (DB) and Defined...

Article image for Updates and news on our Trustee Board

Updates and news on our Trustee Board

We wanted to share some recent news and updates to our Trustee Board....

Article image for Who can receive a Spouse’s pension?

Who can receive a Spouse’s pension?

Under our Scheme Rules to qualify to receive a Spouse’s pension a person must, at the date the member dies, be either:...