Prudential Assurance Company Limited Pension Scheme

Part of the Prudential Group, The Prudential Assurance Company Limited provides life insurance and pensions to approximately seven million customers. Prudential was founded 30 May 1848, offering loans and life assurance to the middle classes. Upon acquiring its main rivals The British Industry Life Assurance Company and The Consolidated Life Assurance Company in the 1860s, the business changed its name to The Prudential Assurance Company in 1866. Overseas agencies for general and life insurance were established during the 1920s and 1930s, and the Group now provides financial services in Asia, the US and the UK.

Information available at http://www.prudential.co.uk/prudential-plc/aboutpru/ourhistory and [http://www. pru.co.uk/about_us](http://www. pru.co.uk/about_us) (accessed October 2010).

The Prudential Staff Pension Scheme comprises company contributions and optional employee contributions which are then matched by the company. The Scheme is contracted into the State Second Pension, and includes benefits such as the ability to take part of the pension as a tax-free lump sum.

Information available at http://www.prudentialstaffps.co.uk (accessed October 2010).