Prudential inherited estate 9 billion

Mar 17, 2007 2 Replies

It seems people holding with profits policies with the Pru on 14 March this year could be in line for an offer of a payout, in return for giving up their rights to a share of the inherited estate. Seems it all depends on what a newly appointed policyholder advocate negotiates as a deal.



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Apparently the value in the pot that may be redistributed is 9Bn.



Do any of you folks have any idea when the inherited estate would be shared out if you did not take up the offer?



Bank Charge Victims Offered Pay-offs

Good read.....

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Never, that's the stick.

The Pru's deal is, take this 1 Billion now and let us keep the other 8 for ourselves, or the 9 Billion stays where it is.

(and yes, I think it stinks as well)

tim

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