Updates to our Workplace Pension funds

We update our funds from time to time. You'll find information on the latest changes below.

Closure of the Prudential UK Property S1 & S3 funds

The Prudential UK Property S1 & S3 funds (the “property funds”) have now closed.

We announced in late April/early May 2021 the closure of the property funds. This included full details of the closure, the version of the fund, the closure date and how this would affect policy holders and their investments - including the options available to them.

The property funds have now been closed - all investments and contributions have been re-allocated.

Closing fund

Alternative fund

Prudential UK Property S1

Trustees of each individual scheme chose the alternative fund for the scheme and notified their members.
Where trustees did not choose an alternative we moved members’ investments to the Prudential Discretionary S1 fund

Prudential UK Property S3     

Prudential Dynamic Growth I S3, or an alternative fund selected by an individual member or scheme.

You can read more about this on our dedicated property closure page.

Closing fund

Alternative fund

Date of Closure

Prudential Threadneedle Property S3 fund

Prudential Dynamic Growth I S3 (PDGI)

19 January 2022

Prudential Threadneedle Adventurous Pathway

Prudential Dynamic Global Equity Passive

25 January 2021

Prudential Threadneedle Balanced Pathway

Prudential Dynamic Growth V

25 January 2021

Prudential Threadneedle Cautious Pathway

Prudential Dynamic Growth III

25 January 2021

Prudential Threadneedle European Equity

Prudential Europe Equity Passive

25 January 2021

Prudential Threadneedle UK Equity High Alpha

Prudential UK Equity

25 January 2021

Closing fund

Alternative fund

Date of Closure

BlackRock Aquila (50:50) Global Equity Index

Prudential Dynamic Global Equity Passive

26 March 2020

BlackRock Aquila (60:40) Global Equity Index

Prudential Dynamic Global Equity Passive

26 March 2020

BlackRock Aquila (30:70) Currency Hedged Global Equity Index

Prudential Dynamic Global Equity Passive

26 March 2020

Prudential Global Equity Passive

Prudential Dynamic Global Equity Passive

26 March 2020

BlackRock Aquila (40:60) Global Equity

Prudential Dynamic Global Equity Passive

26 March 2020

Aberdeen Life Multi-Asset

Prudential Discretionary

20 February 2020

BNY Mellon UK Equity-formerly Prudential Newton UK Equity

Prudential UK Equity

20 February 2020

BlackRock Ascent European Equity

Prudential Europe Equity Passive

20 February 2020

Prudential Absolute Return

Prudential Dynamic Growth IV

20 February 2020

BlackRock Aquila Market Advantage

Prudential Dynamic Growth IV

20 February 2020

BlackRock Aquila Sterling Government Liquidity

Prudential Cash

20 February 2020

Prudential Ethical

Prudential Positive Impact

20 February 2020

M&G Recovery

Prudential UK Equity

21 November 2019

M&G Total Return Credit Investment

Prudential All Stocks Corporate Bond

21 November 2019

Schroder Dynamic Multi Asset

Prudential Dynamic Growth II

21 November 2019

Schroder QEP Global Core

Prudential International Equity

21 November 2019

The Prudential International Bond Fund was originally included in the list of closures on 20 February. The closure of this fund has been postponed and it remains open to existing investors. We have contacted members invested in this fund to tell them about the change.

These are shown below

Fund

Launch date

Prudential Positive Impact

20 February 2020

Prudential Dynamic Global Equity Passive

26 March 2020

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