EXCLUSIVE: Prudential shuts down worksite DC services amid 60% staff cut

Prudential is to slash the size of its corporate defined contribution (DC) pensions business as it moves to purely online- and telephone-based services, Professional Pensions can reveal.
In plans announced yesterday (11 May), the insurer said a number of its offerings would be scrapped, with staff in its corporate pension sales distribution team more than halved from 46 to 19. In particular,...
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