We are M&G Wealth Advice
One of the largest financial advice providers in the UK. Over 89,000 clients trust us with their money.
What we do
We provide clients with expert advice on key areas of financial planning including accessing your pension, making sure you get the most from your tax allowances, protecting your loved ones and more. Whatever your financial goals – we can help.
Everyone is different and there’s no one size fits all, which is why our qualified financial advisers are passionate about getting to know you as a person. They’ll talk to you about your financial situation, your attitude to risk, who you need and want to protect financially and your aspirations for the future. The answers to questions like these will enable us to create a tailor-made plan, to help you and your loved ones achieve a financially secure future.
The power of financial advice
Advice can make a real difference to your financial future.
Research by the *ICL-UK has shown that people who take advice increased their wealth significantly. The study was carried out over a number of years to get an extensive view of people's finances and measure the long-term impact. The research looked at two groups of people to see if they were better off with or without advice. The first group were ‘affluent’ and the second group considered themselves as ‘just getting by’. Both groups ended up with an average increase in their wealth of over £47,000 more than those that didn't take advice.
This important research also helps disprove the myth that advice is ‘just for the wealthy’ with both groups seeing a substantial increase in their wealth.
Not only does advice add real value to people’s financial circumstances, it can also have additional non-financial benefits. **ICL-UK also showed that people who took advice were more confident and better prepared for the future. Getting advice improved people’s financial literacy and delivered greater control, reassurance and ultimately peace of mind.
Don’t just take our word for it
Here are some of our clients sharing their thoughts about M&G Wealth Advice and the help they received.
"My adviser is professional, efficient friendly and always patient, he always explains everything in detail to ensure I fully understand the product and never tires or gets impatient with my questions.
I never feel pushed or pressurised into making a decision, instead he takes his time to explain concisely and clearly all the pros and cons so I’m able to make an informed decision.
He is genuine and sincere and always makes it clear he is available for me should ever I have any questions queries or concerns about my Policies."
Ian P, January 2024
"My adviser has guided me throughout, consolidating my numerous pensions and giving invaluable advice on a regular basis, both in person and online, in a clear, precise and very kind and gracious manner (I don't find it easy to understand and follow pension processes but my adviser was more than patient with me) and I now feel infinitely more confident than I did when I began taking advice."
Janice C, January 2024
"My adviser is very knowledgeable and informative. They explain everything really simply, clearly and in a very reassuring way."
Patricia M, January 2024
Our heritage has helped shape us today
We have a long and unique history of looking after people’s money and finding ways to meet our customers’ changing needs. Our roots stretch back for more than 175 years when Prudential was established in 1848. Five agents were on a mission to provide workers with more financial flexibility and stability. By the mid-nineteenth century, the industrial revolution in Britain was at its height, increasing employment as the economy grew.
However, 80% of non-professional working households lacked savings to sustain the family for more than one month without income. Prudential began offering workers ‘Industrial Insurance’ with premiums starting at 1 penny.
By 1900, a third of adults in the UK had Prudential Life Assurance policies.
But that is only half our story…
M&G Investments was established in 1900, by an American Engineering company. They funded major construction projects that built our economy, including parts of the London Underground.
Towards the end of the First World War, M&G was bought by a London employee, George Booth. He launched the first unit trust fund in the UK, inspired by mutual funds in America. For the first time ever in Europe, people were allowed to pool their money together to invest in blue-chip companies.
In 1954, they introduced the Thrift Plan which enabled ordinary people to make monthly contributions to an investment pot – something that until then, only the wealthiest could afford to do. By 1998, British society had entrusted £21bn to M&G
In 1999, M&G joined the Prudential family.
And today…
The M&G plc’s family of brands unites a huge range of investment expertise, experience and capabilities to serve our customers in 38 offices around the world. Our aim since the very start has been to help ‘everyday’ people maximise their wealth and we are continuing this mission today.
M&G plc has £343.5 billion assets under management (as at Dec 2023) and serves over 4.6 million customers.
*ICL-UK, (International Longevity Centre -UK) ‘The value of advice’ report, 2017. The research explored the impact of financial advice between 2001-2006 on financial outcomes in 2014-2016. Due to the fact this study was carried out over such a long period, it is the latest data available.
** ICL-UK, (International Longevity Centre -UK) ‘Peace of mind: Understanding the non-financial benefits of financial advice’ report 2020
“M&G Wealth Advice” is a trading name of M&G Wealth Advice Limited which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 5739054. Authorised and regulated by the Financial Conduct Authority.