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Scot Am or Pru

As a person with a pension product with Scot Am now the Prudential and due to retire in about 10 years, should I be concerned about the press reports that say that "the is Pru struggling", is it time to be moving to a safer haven?? ???
sanfly

Comments

  • dunstonh
    dunstonh Posts: 121,246 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    They arent struggling.

    Pru are the strongest uk insurer.  Dont read anything into the recent capital rasing issue as legal and general and NU recently did similar

    Scot Am WP fund is not the same thing as the Pru fund though so if you are in that, you may wish to reconsider future contributions.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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