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

James Phillips
clock • 2 min read

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. I...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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