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nd June 2021 3:44 pm
The majority of advised UK clients now desire ethical investing due to the Covid pandemic, according to a new report from Prudential.
The report looks at intergenerational planning and wealth transfer between advised families amid the financial volatility and insecurity of the pandemic.
It found that Covid-19 has increased appetite for sustainable investments across all generations among 60% of millennials, 44% of Gen X and 35% of Baby Boomers.
The report shows that 61% now care more about the environment and the planet than they did before the pandemic.
More than a quarter of respondents admit they are more concerned than they have ever been. And one in five say they are more worried now that they have children and grandchildren.
Rebranding the Pru: New colours and a shorter name
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What s in a name?
Sabuhi Gard
The recent rebrand of Prudential has been met with mixed reaction from the financial advice community, who have questioned the need for the name chop given its history and dominance in the marketplace, writes Sabuhi Gard
23 May 2021 • 5:00am
Has a company treated you unfairly? Our consumer champion, Sally Hamilton, is here to help. For how to contact her click here.
Dear Sally,
My widowed father will be 100 in July. He took out a Prudential Flexible Life Plan in 1999 so that my siblings and I could pay inheritance tax on his death without hardship and hopefully have a little left over to help the grandchildren. But the premiums have shot up from £11,000 to £18,680 a year. So far he has paid £311,000 into the plan for a fixed payout of £159,000 on his death, so long as he continues to pay the premiums. Since Dad is nearly 100, we wonder if Prudential might stop the premiums while maintaining the cover, as surely it will not be out of pocket when the policy finally pays out.
Wipro appoints Tulsi Naidu to its Board of Directors
May 14, 2021
The tech major has hired over 500 new employees in the UK in the past 12 months - REUTERS
The tech major has hired over 500 new employees in the UK in the past 12 months - REUTERS×
She will join from July 1, for a period of five years Wipro Ltd on Friday announced the appointment of Tulsi Naidu, CEO Asia Pacific of Zurich Insurance Group to its Board of Directors for five years effective July 1, subject to the approval of shareholders.
A press statement from Wipro said Naidu is CEO Asia Pacific of Zurich Insurance Group (Zurich) and a member of Zurich’s Executive Committee. She joined Zurich in September 2016 and was named the CEO of the UK business in November 2016 where she implemented an extensive transformation program – reshaping the business, simplifying the structure, improving technical and digital capabilities, and positioning it for growth in its core markets.