THE PRU SAY THEY COULD MOVE M&G FUNDS TO THE EU

The Prudential have said they are considering moving their M&G fund management business to Ireland or Luxembourg following the referendum (HERE).

The chief executive of M&G, said the decision to move assets will depend on the outcome of UK’s negotiations with the EU. "What we are trying to do as a business is give ourselves options so we are in a position to react and adapt to whatever negotiations come through over the next year or so regarding Brexit," said Anne Richard.