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Prudential: Annuity reviews

2.33
Based on 6 reviews, last reviewed 13th Nov 2023
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Latest highest rating:

5

Good value, best provider. Set up with F.A. Best quoted annuity. Reviewed on: 26th March 2022

Latest lowest rating:

1

PRUDENTIAL JUST DO NOT PAY OUT YOUR PENSION I paid my pension to pru for 37 years retiring on 1st July,2023. Still waiting for my lump sum and annuity,spent over 100 hours on the phone without s... Read more Reviewed on: 13th November 2023
David Pratt's avatar
David Pratt

About the Annuity

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Prudential Annuity reviews (6)

PRUDENTIAL JUST DO NOT PAY OUT YOUR PENSION

1
I paid my pension to pru for 37 years retiring on 1st July,2023. Still waiting for my lump sum and annuity,spent over 100 hours on the phone without success, we have a backlog,processing delays, systems down, every excuse possible, 3 complaint upheld by them but no money, last week they asked me to pay them £39-02p so they could process my payment but there is a delay in actioning the payment as they have a backlog, four and a half months and still waiting, DO NOT USE THE PRU USELESS WASTE OF SPACE. i should have put my money under the matress then there would not be delay. Every time totry to phone them-your call is important we will be with you shortly i.e. an hour if you are lucky. AVOID AT ALL COSTS, TOTAL RUBBISH. I WISH I HAD NEVER USED THE MAN FROM THE PRU. Reviewed on: 13th November 2023
David Pratt's avatar
David Pratt

You have to be super wealthy to purchase Prudential Annuities

1
It has been a nightmarish experience waiting on a monthly basis as to whether I would get my direct deposit payment into my bank account from Prudential on time! At the beginning of every month, I pray that it would not be a just a few days delay or even a week later before I get my benefits from Prudential! Hope it is not a cash -flow problem with Corporate Prudential! They even try to blame my bank for processing it late! However, I have several direct deposit from several entities on a monthly basis that is right on target date every month without any problem like with Prudential Annuity Payment, so go figure!?! So if you are counting on your annuity pay-out after years of waiting on your so-called great Prudential Annuity investments, think again! Reviewed on: 4th October 2023
George Lau's avatar
George Lau

worst quoted company ive ever had to deal with

1
Prudential have deliberately delayed pension payments one of their key modus operandi cliients are waiting 6-9months past due date certain fa will not entertain dealing with them because of slow paperwork most of the paperwork is generated in mumbai.the dullards they employ are another way to stop you gaining access once they have stolen your money under false pretences you will find it extremely difficult with a long torturous path to get it back they work on the principle your money is now their money Reviewed on: 21st July 2023
an's avatar
an

Good value, best provider.

5
Set up with F.A. Best quoted annuity. Reviewed on: 26th March 2022

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