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![]() BBC News | C&W and Pru sign annuity deal to protect employee pensions Independent, UK - Under the agreement, half of the fund's £2bn assets – largely in shares – are being sold in order to buy a bulk annuity from Prudential which will provide ... UPDATE: Prudential Gets GBP1 Billion Annuity Deal From C&W Pru agrees £1bn bulk annuity deal with Cable &Wireless Pru expects £100m annual returns from new bulk annuity deal |