Prudential restricts withdrawals from institutional UK property fund

clock • 1 min read

Prudential has implemented withdrawal restrictions on its Workplace Pensions Prudential UK Property fund as scrutiny on open-ended funds' liquidity issues continue.

The firm said requests to access money from the fund will be delayed for up to six months, adding that clients will receive a letter confirming the request when it is ready to be actioned. In a ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Podcast: Broadening scope, tightening focus

Partner Podcast: Broadening scope, tightening focus

Arpita Bhabhera, Senior Investment Analyst, AllianceBernstein
clock 16 September 2025 • 1 min read
GSAM appointed by Shell to run £29bn global OCIO pension scheme brief

GSAM appointed by Shell to run £29bn global OCIO pension scheme brief

Deal includes around £11.5bn of UK scheme assets

Jonathan Stapleton
clock 09 September 2025 • 2 min read
Barnett Waddingham launches investment monitoring service

Barnett Waddingham launches investment monitoring service

Service for trustees and sponsors aims to bring investment monitoring ‘into the present’

Jonathan Stapleton
clock 08 September 2025 • 1 min read
Trustpilot