April 12th, 2019

Proposed Policy Changes

You will by now have seen the Company’s announcement regarding the proposed policy and benefit changes and how they affect you. We are pleased that there are some really positive changes such as an increased flexibility in working patterns, more time off when you need it and a significantly improved family leave policy to name a few.

However, we are incredibly concerned with the proposed changes to the Redundancy policy which may have a detrimental impact on members. We also feel that the proposed changes to the Overtime policy will cause issues in some areas.

The first consultation meeting was on Thursday 11th April and meetings will be held bi-weekly until the 17th May, so there is plenty of time to get your voice heard. We will provide regular updates on where we are in the consultation and what has been agreed.

Please continue to feedback any thoughts, suggestions and concerns to Unite@prudential.co.uk.

Recruitment Incentive

If you join between now and the end of April (Prudential employees only) you will be entered into a prize draw to win a £50 voucher of your choice. Already a member? Recruit a colleague and you also get entered into the prize draw!

DB Pensions Advice

The Company are still working through the provision of advice to DB members, with the aim for this to be available towards the end of the year. We remain in dialogue with the Company around what this will look like and will pass on further details when we can.

Reading Buses Discount

This is still a work in progress and apologies that this is taking longer than anticipated. We are waiting for Reading Buses to have the website ready and as soon as it is then we will communicate what individuals need to do to obtain a discount on their bus fares.

Posted in Member Benefits, Pensions, Policy Changes, Pru Section news | Comments Off on Unite Pru Section Update

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