U.K. Pru to Delay Split From Jackson
May 17, 2021 by Allison Bell
Prudential PLC said Thursday that it needs more time to separate from Jackson Holdings LLC — the leader in the U.S. individual deferred annuity market in 2020.
The London-based company reported that it now expects to complete a Jackson “demerger” transaction sometime between July 1 and Dec. 31, rather than by June 30, as it had predicted in March.
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Originally Posted at ThinkAdvisor on May 14, 2021 by Allison Bell.
Categories: Industry Articles