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Bond aid

The Diary is impressed with Prudential&#39s unashamed carrot and stick approach to with-profits – the carrot for the new customers and the stick for the old. Just days after whacking maturing with-profits policyholders with a swingeing 7 per cent cut, the Pru is offering a 2 per cent enhancement on all Prudence bond purchases.

Apparently the move is designed “to reinforce our continuing commitment to the with-profits market”.

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The politics of healthcare

Healthcare is already one of the key battlefields in May’s general election, with each of the main parties committing to deliver improvements to the NHS and public health.

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