The Endowment Diary

The Endowment Diary

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The Endowment Mis-selling Debacle - one of the UK's worst financial scandals

Wednesday, April 20, 2005

News From The Pru

News From The Pru

The Life insurer Prudential reported an 11% increase in first-quarter sales today.

This is in line with forecasts, and hence allowed it to reiterate its positive outlook for its organisations based in Asia, the United States and Britain.

Revenues for the first three months of the year were £478M vs £433M in 2004.

The consensus forecast sales had been £477M.

Will this help those with endowment policies?

No!

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