Prudential taken to court by its own pension fund trustees – The Guardian

Posted February 17th, 2011 in news, pensions by sally

“Prudential, one of the country’s leading pension suppliers, has been taken to the high court by the trustees of its own employees’ retirement fund. The move by Prudential Staff Pensions could potentially force the financial services firm into topping up the scheme and comes after the Pru changed its practices in 2005 to plug a £379m deficit in the 92-year-old pension plan.”

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The Guardian, 16th February 2011