Thanks for choosing to invest in our PruFund Investment Plan Mark 3. We’re here to help answer some of the questions you might have and any changes you’d like to make to your plan.
We’ve put some questions together which we think might be helpful to you.
If there’s any questions that aren’t covered, or if you’d like to make changes, get in touch with us using the contact details below.
The PruFund Investment Plan Mark 3 is a single premium investment plan that allows you to:
The plan also provides a small amount of life cover.
Because tax rules can change, the impact of taxation (and any tax relief) depends on your circumstances.
The PruFund range is designed to spread the investment risk by investing in many different assets, managed by the investment expertise of the M&G Treasury & Investment Office (T&IO), includes the team formerly known as Prudential Portfolio Management Group (PPMG).
You can choose to invest in up to five of the following PruFund Funds:
What you get backs depends on a number of different things including the investment performance.
The value of your investment can go down as well as up and the value in the future may be less than the amount you invested. For the range of PruFund funds, what you receive will depend on the value of the underlying investments, the Expected Growth Rates as set by the Prudential Directors, our charges, the smoothing process, if there is a guarantee and when you take your money out.
How our charges and costs affect your plan are shown in your illustration. You can also find more information on the charges and costs in our Investment Option Documents.
We’ll send you an annual statement. You can also get an up-to-date valuation by contacting us using the number below.
If you’re thinking of making changes to your plan, including adding more money, we always recommend you speak to your financial adviser. They can help you understand if making changes is right for you and fits with your aims and circumstances. If you don’t have a financial adviser, you can find one at unbiased.co.uk
Using an adviser means the Financial Ombudsman Service offers you protection against the advice they give you. If you go ahead without advice, you’ll be taking responsibility for your own choices and how your money is invested. Whether you get advice or not, if you feel you haven’t been treated fairly, you can refer any matter to the Financial Ombudsman Service. They help settle individual disputes between consumers and businesses providing financial services.