The Transfer of Equitable Life's With-Profits Annuity business to Prudential
Welcome to the official Prudential web pages that give you information about the completed Transfer of Equitable Life With-Profits Annuity business to Prudential.
You will also find links to some useful documents as well as some Questions and Answers.
Key Dates
- Equitable Life's Policyholder mailing due to arrive with Policyholders
3rd October 2007
Status: Completed
- Deadline for receipt of proxy voting forms for the Equitable Life Extraordinary General Meeting (EGM)
11am on 24th October 2007
Status: Completed
- EGM
11am on 26th October 2007
Status: Completed 'Yes' vote was achieved
- UK Court hearing for sanction of the Transfer
28th November 2007
(N.B. Guernsey court hearing is 3rd December 2007, Jersey is 4th December 2007)
Status: Completed All Courts approved the proposed Transfer
- Prudential issue a Welcome Pack to each transferring annuitant
14th December 2007
Status: Completed
- Date which Transfer became effective
31st December 2007
If you require further information, please refer to the Questions and Answers (accessed via the link above) where you will find further details of how to contact us.
The FSA lodged their report for the UK Court hearing, for the sanction of the Transfer. The hearing took place on 28th November 2007. The report and all addendums are available here:
Documentation
Original Press Notice - 15 March 2007 (pdf 45kb)
Prudential Actuarial Function Holder's Report (pdf 186kb)
Prudential with-Profits Actuary's Certificate (pdf 33kb)
Independent Expert's Report (pdf 586kb)
Summary of the Scheme and of the Independent Expert's Report (pdf 261kb)
Channel Island Documents
Jersey Representation (pdf 45kb)
The Guernsey Scheme (pdf 105kb)
Independent Actuary's Channel Islands Report (pdf 1,620kb)
Channel Islands Enclosure (pdf 31kb)
The content on these pages is correct as at February 2025. The details are subject to change, but we will try to keep the pages as up to date as possible.
Related Content
Historic information about the transfer
In this area you will find information on the transfer in 2007 and special bonus payment in 2008.
Q&As for Prudential policyholders
You may have some questions of you already have funds invested in Prudential's With-Profit fund.
Q&As for Equitable Life Policyholders
A comprehensive list of Questions and Answers as published on the Equitable Life website.
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"Prudential" is a trading name of Prudential Distribution Limited. Prudential Distribution Limited is registered in Scotland. Registered Office at 5 Central Way, Kildean Business Park, Stirling, FK8 1FT. Registered number SC212640. Authorised and regulated by the Financial Conduct Authority. Prudential Distribution Limited is part of the same corporate group as the Prudential Assurance Company Limited. The Prudential Assurance Company Limited and Prudential Distribution Limited are direct/indirect subsidiaries of M&G plc which is a holding company registered in England and Wales with registered number 11444019 and registered office at 10 Fenchurch Avenue, London EC3M 5AG, some of whose subsidiaries are authorised and regulated, as applicable, by the Prudential Regulation Authority and the Financial Conduct Authority. These companies are not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.