Edition:
United Kingdom

Prudential PLC (PRU.L)

PRU.L on London Stock Exchange

1,780.00GBp
18 Apr 2019
Change (% chg)

3.50 (+0.20%)
Prev Close
1,776.50
Open
1,760.00
Day's High
1,783.50
Day's Low
1,760.00
Volume
3,787,534
Avg. Vol
4,707,990
52-wk High
1,962.00
52-wk Low
1,324.99

Latest Key Developments (Source: Significant Developments)

Prudential Corporation Holdings Plans To Sell 37.3 Mln Shares Of ICICI Prudential Life Insurance
Monday, 25 Mar 2019 

March 25 (Reuters) - PRUDENTIAL CORPORATION HOLDINGS::PLANS TO SELL 37.3 MILLION SHARES OF ICICI PRUDENTIAL LIFE INSURANCE VIA OFS.OPTION TO SELL ADDITIONAL 15.9 MILLION SHARES OF ICICI PRUDENTIAL LIFE INSURANCE.FLOOR PRICE FOR SALE AT 300 RUPEES PER SHARE.  Full Article

UK competition watchdog targets loyalty penalties crackdown
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - :COMPETITION AND MARKETS AUTHORITY (CMA) HAS TODAY ANNOUNCED A PACKAGE OF REFORMS TO TACKLE SUBSTANTIAL LOYALTY PENALTY IMPACTING MILLIONS OF PEOPLE..INVESTIGATION HAS UNCOVERED DAMAGING PRACTICES INCLUDING CONTINUAL YEAR ON YEAR STEALTH PRICE RISES; COSTLY EXIT FEES; TIME-CONSUMING AND DIFFICULT PROCESSES TO CANCEL CONTRACTS OR SWITCH TO NEW PROVIDERS; AND REQUIRING CUSTOMERS TO AUTO-RENEW OR NOT GIVING SUFFICIENT WARNING THEIR CONTRACT WILL BE ROLLED OVER.A NUMBER OF RECOMMENDATIONS ARE BEING MADE TO REGULATORS AND GOVERNMENT TO HELP STOP LOYAL CONSUMERS BEING RIPPED OFF. THESE INCLUDE:CRACKING DOWN ON HARMFUL BUSINESS PRACTICES USING ENFORCEMENT AND REGULATORY POWERS.SETTING OUT CLEARLY PRINCIPLES BUSINESSES ACROSS ALL MARKETS SHOULD FOLLOW, SUCH AS PEOPLE BEING ABLE TO LEAVE A CONTRACT.CMA WILL ALSO BE LOOKING AT WHETHER CONSUMER LAW SHOULD ALSO BE REINFORCED.THERE IS EVIDENCE OF FIRMS CONTINUALLY RAISING PRICES IN THE INSURANCE MARKET. .FIRMS SHOULD BE PUBLICLY HELD TO ACCOUNT FOR CHARGING EXISTING CUSTOMERS MUCH MORE; REGULATORS SHOULD PUBLISH SIZE OF LOYALTY PENALTY IN KEY MARKETS AND FOR EACH SUPPLIER ON A YEARLY BASIS..  Full Article

Prudential Cuts Stake In Close Brothers To 5.42 Pct From 6.58 Pct-Filing
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Close Brothers Group PLC ::PRUDENTIAL PLC CUTS STAKE IN CLOSE BROTHERS TO 5.42 PERCENT FROM 6.58 PERCENT-FILING.  Full Article

Prudential Appoints Michael Falcon Chairman, CEO Of North America Business Unit
Friday, 12 Oct 2018 

Oct 12 (Reuters) - Prudential PLC ::PRUDENTIAL PLC - DIRECTORATE CHANGE.PRUDENTIAL PLC - BARRY STOWE TO RETIRE AS CHAIRMAN AND CHIEF EXECUTIVE OF NORTH AMERICAN BUSINESS UNIT, TO BE SUCCEEDED BY MICHAEL FALCON.  Full Article

Quilter Comments On FCA Clearing Life Insurers Of Customer Mistreatment
Wednesday, 19 Sep 2018 

Sept 19 (Reuters) - Quilter PLC ::QUILTER PLC - CLOSURE OF FCA INVESTIGATIONS.QUILTER PLC - NOTES ANNOUNCEMENT BY FCA THAT ITS REVIEW INTO FAIR TREATMENT OF LONGSTANDING CUSTOMERS IN LIFE INSURANCE SECTOR, HAVE EACH BEEN CLOSED.QUILTER - OLD MUTUAL WEALTH LIFE ASSURANCE LTD VOLUNTARY REMEDIATION PROGRAMME ANNOUNCED IN MARCH CONTINUES AND IS UNAFFECTED BY TODAY'S ANNOUNCEMENT.  Full Article

Prudential Says Appoints Fields Wicker-Miurin Obe As Non-Exec Director
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Prudential PLC ::APPOINTMENT OF FIELDS WICKER-MIURIN OBE AS A NON-EXECUTIVE DIRECTOR AND A MEMBER OF REMUNERATION COMMITTEE.FIELDS WICKER-MIURIN OBE IS CURRENTLY A NON-EXECUTIVE DIRECTOR OF BNP PARIBAS.  Full Article

Prudential ‍Group IFRS books FY Operating Profit of 4.7 billion stg​
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Prudential Plc ::‍GROUP IFRS OPERATING PROFIT 4 OF £4,699 MILLION, UP 6 PER CENT ​.‍US SEPARATE ACCOUNT NET INFLOWS 6 OF £3.5 BILLION CONTRIBUTING TO SEPARATE ACCOUNT ASSETS 19 PER CENT HIGHER AT £130.5 BILLION​.‍FULL YEAR 2017 ORDINARY DIVIDEND INCREASED BY 8 PER CENT TO 47 PENCE PER SHARE​.‍GROUP SOLVENCY II SURPLUS ESTIMATED AT £13.3 BILLION, EQUIVALENT TO A COVER RATIO OF 202 PER CENT​​.‍M&G PRUDENTIAL HAS DELIVERED RECORD LEVELS OF EXTERNAL ASSET MANAGEMENT NET INFLOWS OF £17.3 BILLION, CONTRIBUTING TO TOTAL ASSETS UNDER MANAGEMENT 7 OF £351 BILLION.​.  Full Article

Prudential mean gender pay gap 29.7 pct, mean bonus gap 75.6 pct
Friday, 9 Mar 2018 

March 9 (Reuters) - Prudential ::SAYS MEAN GENDER PAY GAP 29.7 PERCENT, MEAN BONUS GAP 75.6 PERCENT.  Full Article

Capita Says Prudential's Life, Pensions Business Administration To be Transferred From Capita
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Capita Plc ::PRUDENTIAL SAID ADMINISTRATION OF ITS LIFE AND PENSIONS BUSINESS TO BE TRANSFERRED FROM CAPITA TO NEW SUPPLIER ON JULY 31.PRUDENTIAL'S LIFE AND PENSIONS OPERATIONS EXPECTED TO CONTRIBUTE REVENUE OF ABOUT 80 MILLION STG TO CAPITA IN FY 2017.‍CAPITA WILL CONTINUE TO ADMINISTER PRUDENTIAL'S INTERNATIONAL OPERATIONS​.  Full Article

Capita's Life, Pensions Business Administration To be Transferred From Capita
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Capita Plc ::‍ANNOUNCED THAT ADMINISTRATION OF ITS LIFE AND PENSIONS BUSINESS WILL BE TRANSFERRING FROM CAPITA TO A NEW SUPPLIER ON 31ST JULY 2018​.‍CAPITA WILL CONTINUE TO ADMINISTER PRUDENTIAL'S INTERNATIONAL OPERATIONS​.LIFE AND PENSIONS OPERATIONS ARE EXPECTED TO CONTRIBUTE REVENUE OF AROUND £80M TO CAPITA IN FULL YEAR TO DECEMBER 2017..  Full Article

Banks, pharma drag FTSE 100 but Unilever cheery on strong quarter

April 18 Oil majors and Asia-focused banks weighed on Britain's main index on Thursday ahead of Easter weekend, while a strong first quarter took Unilever to its highest level in eight months.