UK - Prudential has been appointed as the new additional voluntary contributions (AVC) provider to the £972m Surrey County Council pension fund, beating competition from Standard Life, Clerical Medical and Norwich Union.
The firm replaces Equitable Life, the troubled former mutual. Tracey Milner, fund accountant at the local government pension scheme, also added that Surrey plans to increase its private equity a...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date