Skip to Main Content
How can we help you?

What is the Prudential Investment Plan?

The Prudential Investment Plan is an investment bond designed for medium to long-term growth (typically 5 to 10 years or more). It lets you invest across a range of funds, aiming to grow your investment over time. 

Existing Pru customer?

Find everything you need to know about your product, all in one place.

Product details

Product features

Why choose Prudential Investment Plan?

  • Flexible payments
    Start with a single payment from £10,000. You can make additional payments of at least £10,000 at any time.

  • Easy access
    Take regular or partial withdrawals from your bond. You can also set an amount of regular withdrawals and choose how often it is taken, within certain minimum and maximum levels.

  • Tax-efficient withdrawals 
    If you pay tax, you can take up to 5% of your investment each year for up to 20 years without paying tax immediately. Exceeding this or cashing-in may result in an Income Tax charge.
  • Wide fund choice
    Get access to a broad range of investments, including our PruFund range, to suit your investment style and risk appetite.

  • Free fund switching
    You can currently change funds without extra charges. If this changes in the future, we’ll let you know.

 

Things to consider when choosing the Prudential Investment Plan

  • This product is only available through a financial adviser.
  • The value of your investment can go down as well as up and you may not get back the amount you put in.
  • If you take more money from the plan than the amount it has grown by, then the value of your investment will be less than you’ve put in.
  • Making withdrawals and the application of charges will reduce the value of your investment.
  •  If you decide to cash-in your plan or take out more than 5% (in any plan year) of the amount you've invested, you may be subject to an Income Tax charge.
  • You might need to pay tax depending on your circumstances and the options you choose.
  • Tax rules can change and the impact of taxation any and tax relief depends on your circumstances.
  • We’re not recommending one option over another and haven’t given advice on this investment. If you’re unsure, speak to a financial adviser.

Investment options

  • Check the latest expected growth rates for the PruFund range.
  • See our latest fund details on our prices and information page.
Expected growth rates
Prices and information

Ready to invest?

You should read the following documents and speak to a financial adviser to help you decide if this product is right for you.

Key Information Documents (KIDs)

A KID offers key facts about an  investment product. It’s designed to help you compare investment options with confidence before making a decision.  Each KID is supported by a set of Associated Investment Option Documents (AIODs). These provide more detail on the specific options available.

Read documents

Support, when you need it the most

Life can be challenging. When you need a bit more support, we’re here. Visit our Care and Support Hub to find out more.

How we can help

Need expert financial advice?

If you don't already have an adviser, it takes just three minutes to book a no-obligation, initial chat with M&G Advice. It’s a great way to explore how we could help.

Book your chat