The package is a deferred Self-Invested Personal Pension (SIPP) which provides access to several investment opportunities in stocks, shares, collectives and commercial property, as well as online access to services through Prudential’s partners Suffolk Life.

“The introduction of both our Flexible Retirement Plan and our deferred SIPP as well as launching a new drawdown plan in 2007, illustrates clearly our commitment and desire to take an active role in the UK individual pensions market.,” said Prudential UK Intermediaries director Tudor Taylor.

“We have introduced a range of retirement solutions from pensions through to annuities that caters for the different life stages that customers go through,” he continued.

“Customers and advisers can utilise Prudential’s retirement solutions package as a one stop shop for their retirement needs.”

Customers applying for the new package can receive help and advice on the opportunity from Prudential’s own advisers or an independent financial adviser (IFA), both of whom will have more comprehensive details of the plan.

To read more about pensions, click here.

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