M&G has launched ‘PruFunded’, a campaign designed to help customers see how their savings and pensions are being invested.

Manchester Arndale is the first investment to feature in the campaign, which M&G will use real-world examples to show how long-term savings can support businesses, jobs and communities across the UK, while contributing to customers’ long-term financial outcomes. Through 5,000 financial advice firms, PruFund’s 500,000 customers are invested in local communities and economies across the UK, including Edinburgh’s £350m Haymarket regeneration project, Pragmatic Semiconductor in Durham, and Oxford-based low-carbon housebuilder Greencore Homes. M&G Life chief executive officer, Clive Bolton, said: “Pension savings can often feel like numbers on a statement, disconnected from everyday life and long-term goals. Our campaign is designed to help customers see how their money is being put to work across a diversified portfolio of real-world investments, building greater understanding and confidence in long-term saving and retirement planning.” M&G Life chief investment officer, Ciaran Mulligan, added that PruFund’s strength lies in the diversity of its portfolio, which combines investments across a wide range of asset classes, including real estate, infrastructure, and innovative growth companies.

IFGL Pensions has launched personalised annual video statements for customers, aimed at making pension information clearer, more accessible and more engaging.

The provider said the videos mark a step forward in helping customers better understand their pensions and the value of reviewing their plans with financial advisers. The initiative is powered by VideoSmart technology, which transforms traditional communications into personalised, data-driven experiences. The video will be issued to IFGL Pensions customers alongside their annual valuation statement. IFGL Pensions managing director, Rachel Meadows, commented: “Engagement is one of the biggest challenges in pensions. “Personalised video introduces a more dynamic and visual way of communicating, helping customers connect with their financial information and see the value of reviewing their plans supported by their financial advisers.”

Standard Life has enhanced its retirement income tool to allow scheme members to model how part-time work or career breaks could affect their future retirement income.

The new feature allows members to enter their current working pattern, map out planned changes to their hours, and specify how long those changes will last. It then compares projected retirement income before and after the adjustment, taking into account individual circumstances and pension contribution levels. Members can also factor the state pension into projections, including whether they expect to receive the full amount or a reduced amount. Standard Life interim managing director for workplace and retail intermediary, Emma Furlonger, said: “Most people consider taking a career break or reducing hours at some point during their working life. This can be beneficial to allow them to balance work with personal commitments or ill health. The enhanced retirement income tool helps members understand what these choices could mean for their income in retirement, and shows the practical steps they can take to stay on track for their long-term goals.” Furlonger added that enhancing digital tools was a key part of Standard Life’s commitment to empowering members to engage more with their financial futures.

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