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Pension Overview

Scheme news

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Reporting the death of a member

Sadly, each year a number of our members pass away. We know this is a difficult time for those they leave behind....

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A new look for our Scheme

Following the demerger in 2019, we’ve been working with both the Company and our Communication Adviser on a full rebrand for our Scheme to tie in with M&G plc branding....

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Guaranteed Minimum Pension (GMP) explained

GMP is a minimum level of pension built up from 6 April 1978 until 5 April 1997 (inclusive) in a pension scheme (like our Scheme) that was contracted out of the additional State Pension....

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Let’s stay in touch

Staying in touch is really important as it means we can keep you up to date about your Scheme pension....

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Important update about our Member Nominated Trustee Directors

John Paino is the current Pensioner appointed Trustee Director and his term of office is due to end in July 2020. As a Pensioner member of the Scheme we would...

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Member Nominated Director - Election results

The Trustee of the Prudential Staff Pension Scheme recently sought nominations from the Active membership to fill the position of a Member Nominated Director...

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Making sure that your Dependants receive their benefits on time

A worry for us all is what happens to our loved ones if we are no longer there to provide for them. If you should die, the Scheme will pay:...

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Your communications — your way

We’re aware that many of you now prefer the more convenient, and environmentally friendly approach associated with digital, or online communications....

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PSAL merge with Xafinity

In last year’s edition of Overview we reported that the administration of the DB Section moved to PS Administration Limited (PSAL) with effect from 1 July 2017...