UK - Pearl's personal pensions clients will have access to a Prudential annuity when their plan matures, under a new agreement.
The annuity agreement – effective from September 2004 for five years – offers Pearl customers an annuity while retaining the right to select the open market option.
Pearl customers will receive the same annuity rates that Prudential offers via independent financial advisers.
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Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
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